Buying Your First Home in Liberty Hill, Texas.
Liberty Hill is a wonderful place to call home in Texas. The small-town feel opens up to big dreams: a highly rated school district offering such innovations as the LHISD’s education foundation or the community’s convenient location to Austin’s city life and Hill Country offerings. It’s a classic American Dream destination, and if you are a first-time homebuyer, Liberty Hill is somewhere you will want to consider. Where do you start when considering purchasing a home for the first time in Texas? Hughes & Company Real Estate gathered the information for you to examine.
Texas programs offer a variety of options to help leap over that initial real estate hurdle:
My First Texas Home Program (MFTH)
- Available to those who have not owned a home within the past three years
- Offers a fixed interest rate on a 30-year mortgage
- Provides up to 5% down payment and closing cost assistance
- Available to all professions
- Offers varying loan products
There are eligibility requirements to discuss with your lender, such as limits on income, purchase price, and minimum credit score.
The Lone Star State has additional assistance available to first-time homebuyers through the Texas Mortgage Credit Certificate Program.
- Offers reduced tax liability
- Open to all professions
- No minimum credit score
As with the MFTH program, there are limits on income and purchase price to explore with a lender.
Purchasing a Liberty Hill home can be a dream come true for many Texans. If you are considering this quiet town sitting just outside of Austin, visit our neighborhood profile page and take a closer look at this Hill Country living. You can read more about the area, search for homes, learn how Hughes & Company Real Estate can help you make a move. When you’re ready, we have a vast network of professionals that can help you navigate the financial options available to you. If you have any questions or need a recommendation, please don’t hesitate to contact us. 512-810-0185.
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