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Updated almost 7 years ago,

User Stats

48
Posts
13
Votes
Christopher Oliva
  • Texas
13
Votes |
48
Posts

questions about down payment assistance for first time buyer

Christopher Oliva
  • Texas
Posted

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!

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