Common Q&A about Odessa down payment assistance

Most common Q&A about the Odessa Down payment assistance program per the Odessa City website. Do I have to be a current resident of Odessa? No, you do not have to be a resident of Odessa; however, the assistance is only available to households looking to purchase a home within the city limits of Odessa. Can I buy a home in Midland? No, the home can only be purchased within the city limits of Odessa. … Continue reading

Odessa Texas First-time Home Buyer Programs

Down Payment and Closing Costs Assistance in Odessa Program#1 Along with a 30 year fixed FHA loan, the home buyer program offers down payment and closing cost assistance to qualifying low-income residents looking to purchase a home in Odessa. For existing homes we provide 5% or 10% down payment assistance and up to $3,500 in closing costs assistance for homes less than $95,000. The program also offers down payment assistance on a sliding scale based on family income with up to … Continue reading