Neighborhood Housing Services of Fort Worth and Tarrant County can help first-time homebuyers finance a home anywhere in the county. Loans are often at or below existing market rate, and approval is flexible based on non-traditional credit and/or commitment to credit rehabilitation. We'll help you find the best program for you and your family. Often our banking partners may have competitive rates and more flexible programs according to your needs.

NHS currently offers low rates to buyers who are at or below 80% of area median income (AMI) and has a variety of programs for households up to 120% of AMI. Depending on where you buy, down payment and closing cost subsidies may be available. We've partnered with Colonial Savings, Texas Bank, Wells Fargo, and World Savings for rates as low as 5.95%. We also have a program for undocumented workers who are using their Individual Tax Identification Numbers rather than a SS#.

NHS can also do low interest second mortgages in cooperation with the lender of your choice. These are short term, usually five to 10 years, and available just to make that special home completely affordable.NHS can lend anywhere in Fort Worth for disability modifications. With loans as low as 2% we'll assist with standard ADA adaptations. Choose your New Home Plans

And, we'll help you with more than just financing. Our construction specialist will assess the needs, assist you with specifications, and prepare cost estimates. We'll help you obtain bids from City-approved contractors and and assist with procurement of goods and contracting services. NHS will monitor the construction and insure your work is on budget and on schedule.

If you're eager to rehabilitate an older home in one of our target neighborhoods or in a Model Blocks area or Neighborhood Empowerment Zone, NHS has sliding scale, very low interest rates for purchase-rehab, refinance-rehab, or home improvement. Or if you've found a home in an historical neighborhood which needs specific preservation changes, NHS can lend at below market rates.

To assist with any loan, we provide:

  • Counseling
  • Pre-qualification
  • Lender Resources
  • Homeownership training
  • Assistance with credit rehabilitation
  • Assistance with housing search
  • Post Purchase counseling

    NHS HomeOwnership ClassNo matter which lending program you use at NHS, the first step in obtaining a loan is right for your needs, the first step is visiting with our Client Intake Manager to determine what price home you can afford.

    NHS adheres to the NeighborWorks® Full-Cycle Lending concept, which addresses the borrowing needs of potential homeowners with a consumer-friendly approach and helps you maintain your credit with careful money management concepts.

    Confidentiality: All services provided are done so with complete confidentiality. See our Disclosure and Privacy Statement.

HUD Income Limits
2005
Fort Worth-Arlington MSA
 
Household Size
40% AMI
50% AMI
60% AMI
70% AMI
80% AMI
100% AMI
120% AMI
1
$17,600
$21,950
$23,340
 $30,700 $35,100 $43,900 $52,700
2
$20,100
$25,100
$30,120
 $35,150 $40,150 $50,200 $60,250
3
$22,600
$28,200
$33,840
 $49,500 $45,150 $56,400 $67,700
4
$25,100
$31,350
$37,620
 $43,900 $50,150 $62,700 $75,250
5
$27,100
$33,850
$40,620
 $47,400 $54,150 $67,700 $81,250
6
$29,100
$36,350
$43,620
 $50,900 $58,200 $72,700 $87,250
7
$31,100
$38,850
$46,620
 $54,400 $62,200 $77,700 $93,250
8
$33,100
$41,400
$49,680
 $57,950 $66,200 $82,800 $99,350

 

Neighborhood Housing Services of North Texas, Inc.
1549 North Main Street Suite 209
Fort Worth TX 76106
817.624.9454
©2006 All Rights Reserved
 

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