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Updated almost 7 years ago,
questions about down payment assistance for first time buyer
Hi all, I'm a first time home/property buyer in Texas and i've got a few questions i'm hoping to get some help with.
-How many lenders should I be getting quotes from? Currently i'm just working with one lender (i was referred to them by a few different people), but i'm hesitant to get quotes from other lenders because I don't want my credit dinged by too many inquiries.
-I'll be purchasing a multifamily property (likely a duplex) and I'll be living in one unit for least for a year, while the other side will be a rental unit. With that being said, would i be able to qualify for any sort of down payment assistance program? I asked my lender about this, and she says that she thinks the grants are only for SFR. From the googling i've done, I can't find anything that is specific on the type of property that qualifies for down payment assistance.
Thanks in advance!