Down Payment Assistance

Home Mortgage Loan Special Programs

There are several programs available for homes located anywhere in Texas that provide funds for down payment and/or closing costs. This assistance comes in the form of grants which do not have to be repaid and/or second liens which must be paid in full when the home is sold or refinanced. The interest rates are fixed for 30 years. These programs have restrictions based on your family income, family size and the County you are purchasing in. Not all of the programs require that you be a first time homebuyer.

HEROES/EDUCATORS

Home Loan Programs provide a FHA loan to eligible homebuyers. In addition to a fixed interest rate, these programs offer down payment and closing cost assistance, up to 5% of the mortgage loan amount, in the form of a grant.

To be eligible for this program, a homebuyer must be of a specific group:

  • Homes for Texas Heroes: A full-time paid fire fighter, peace officer, corrections officer, juvenile corrections officer, county jailer, EMS personnel, or public security officer
  • Professional Educator: A full-time Texas classroom teacher, teacher’s aide, school librarian, school nurse, school counselor, or an allied health or nursing faculty member

CURRENT, PREVIOUS, OR FIRST TIME HOMEBUYER(S)

There are home loan programs available that offer competitive interest rates to eligible homebuyers. In addition to a fixed interest rate, these programs offer down payment and closing cost assistance in amounts ranging from 4% to 5% of the mortgage loan in the form of either a second lien or a grant. Eligible borrower(s) must meet the programs income limits and guidelines.

MORTGAGE CREDIT CERTIFICATE (MCC)

With an MCC, the qualified homebuyer is eligible to take a portion of the annual interest paid on the mortgage as a special tax credit, up to $2,000, each year that they occupy the home as their principal residence. An MCC has the potential of saving the homebuyer thousands of dollars over the life of the loan.

The program is open to those individuals and families who:

  • Meet income and home purchase requirements
  • Have not owned a home as a primary residence in the past three years
  • Meet the qualifying requirements of the mortgage loan
  • Will use the home as their principal/primary residence

The MCC is a non-refundable tax credit, therefore, the Homebuyer MUST have a tax liability in order to take advantage of the tax credit.

For more information on special programs, please contact your Premier Nationwide Lending Home Mortgage Loan Expert.

* Loan programs are subject to credit and property approval. Other guidelines may apply.

Residential Mortgage Loan Originators

William is a graduate of the University of Texas at Arlington with a BBA in Marketing. Before becoming a successful mortgage loan originator, William was pursuing his dream of a professional golfer on the mini tours. When not working he enjoys days at the lake with his wife Laurie, playing golf, duck hunting, and spending quality time with his family. They attend Lake Pointe Church in Rockwall, Texas and have been members for many years. William and Laurie reside in the Rockwall area and are proud parents to twins Hunter and Hayes. Outside of work he lives life to its fullest.

William is a caring person and has a passion is to help families into new homes. Communication and utilizing his expertise allows him to consistently provide clients with a “World Class Mortgage Experience.” Our goal is to make the process simple and close your loan on time. Staying on top of new regulations and product modifications allows him to inform borrowers how to make their closing a seamless transaction. Communication is the key to success which helps build a strong relationship with each client. Our culture is to provide an unparalleled level of service.


Loan Center

Checklist

What you will need to ensure a smooth home mortgage process.

Loan Options

There are several loan options available when purchasing a home.

Down Payment Assistance

Find out more about special programs and who qualifies.

Calculator

Wondering how much you can finance?

Testimonials

William did a wonderful and thorough job with our refinance. He went out of his way to accommodate our busy schedules and came to us to pick up all loan documents. He even went as far as setting an appointment for a person to come to our house to go over everything with us at closing. William was exact with all documents and extremely knowledgeable about the refinance process. He answered all questions honesty and accurately and completed our refinance in a timely manner. He even continued to answered questions for us months after our refinance. My husband and I would highly recommend William to anyone in the market looking for a loan officer.

Greg & Katherine D.

It was an absolute delight to get to work with William. I've had nightmare stories told to me by friends and coworkers but never encountered any problems with Will because he always kept me in the loop. Thanks for helping me get my condo!

Kim G.

We've used Mr. Branch on three mortgages. He was prompt, informative and kept us in the loop throughout the entire process. He is very professional, courteous and SMART. USE HIM!

Mark & Lorna K.

William was our Loan Officer for two mortgage refinances and closed out both deals in less than 4 weeks. In both cases he was able get my wife and I the best APR available and lock in without paying points. His business acumen is second to none in the industry. He was very resourceful wrangling our credit/debt situation and knew what calls to make and when to push the loan forward. His response time and communication skills are fantastic. He always responded to my emails and phone calls within the business day and I hardly ever found myself waiting on him, more often it was my delay in submitting documentation. I highly recommend William Branch!

Robert & Christi A.

William Branch was referred to us by our realtor. He was a very good choice for us. William was very knowledgeable about the loan process and answered all our questions and concerns as they popped up. No matter the time or day, he was there for us. He continued to go out of his way to gather and complete our application and any other information needed to get the process approved and get us into our new home. Thank you William.

Jimmy & Amy R.

William Branch worked with my wife Shelley and I do what we felt going in might be an impossible mission. William worked with us, was mindful of our needs and budget, and worked diligently, many times "after hours", some days it seemed his hours were 24, working on ways to make this deal work. It was not easy for him, nor us, but he managed to dig deeper and find solutions from applications, to credit, working with the VA requirements to even helping us find homeowner insurance. Ours was a challenging loan, but he made it happen for us and a dream come true.

William & Shelley A.

William Branch was very professional and reliable. I was worried at first about working with William since my first experience with purchasing a home was horrible but he proved me wrong. He was very quick to return my calls/e-mails and answered all my questions. I would definitely recommend my friends and family to William Branch.

Rosie & Alex M.

William was an answer to prayer.. We quickly found out purchasing an AG property was not an easy task.... until we found William who had no problem! He found us a better interest rate than any bank could give us and we checked online as well but found all kinds of hidden fees! William stepped up and gave us his knowledge and helpfulness to make the loan part of buying a house painless! He kept us up to date on what was going on and took a great interest in making sure everything was perfect for us and when we hit a problem he was quick to let us know and had a solution to make it work out. He has stayed in touch with us and was there for us at the closing table to make sure everything was perfect! My husband and I would recommend William to anyone and know they will get same great care and commitment we received! Keep up the great work William and look forward to working with you on our next deal!

Mark & Leigh W.

William was very professional in all his dealings with us during our refinancing. We have been through this process several times but this was by far the smoothest and easiest ever. William was in touch with me or my husband almost daily by email or phone to give us updates. There was a slight hiccup (we were surprised by the value of our house), but he worked through this with us very professionally and thoroughly so we could still get the benefit of a great new rate and some cash to help with some updates.

Tim & Cindy B.

HBM

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