Online Sale Counselor
Ask Rachel
(817) 601 - 6230
Online Sale Counselor
Questions?Ask Rachel

Blogpost

Icon Waves

Get up to $17,500 down payment assistance with NeighborhoodLIFT

September 6, 2019

Is the lack of a down payment holding you back from taking advantage of the current low interest rates? Wells Fargo and Business & Community Lenders of Texas (BCL) can help. Get up to $17,500 down payment assistance with NeighborhoodLIFT.    

Through this program, down payment assistance grants are available to eligible homebuyers, whether you’re buying a home for the first time or not. Wells Fargo launched NeighborhoodLIFT with a $6.6 million commitment from its Wells Fargo Foundation. The goal is to help families with limited income experience the rewards of homeownership. In addition to providing a grant for the down payment, Wells Fargo NeighborhoodLIFT gives new homebuyers financial education so they fully prepare for the responsibilities of homeownership. BCL helps individuals buy homes and manage money. The non-profit organization provides homebuyer education and foreclosure prevention counseling to contribute to more sustainable homeownership which leads to neighborhood stability.

Gary Hudson, Wells Fargo Greater Fort Worth region bank president, said, “The program will provide hardworking families and individuals the opportunity to achieve successful homeownership.”

Hometown Heroes get $17,500

NeighborhoodLIFT is stepping up and giving back to those professionals who support the people in our communities. If you are a first responder (law enforcement officer, firefighter, EMT), teacher, or an active or retired member of the military, you could qualify for an additional $2,500 in down payment assistance for a total $17,500 grant.

Do you qualify?

Down payment assistance is available in the DFW area to homebuyers who are seeking to purchase a home in Dallas or Tarrant County. You can determine your eligibility by meeting with a professional at the upcoming DFW Area NeighborhoodLIFT Launch Event. The free event will be held at the Fort Worth Convention Center on Friday and Saturday, September 20 and 21.

Be sure to bring the required documents to the DFW Area NeighborhoodLIFT Launch Event:

  • Gross income amount for borrowers, including primary, second and part-time jobs, as well as overtime, bonuses and commissions
  • Proof of any and all other income received, such as Social Security Award letter, retirement and/or pension income, unemployment income, death or disability payments, divorce/court decree for alimony and/or child support, etc.
  • Federal tax returns for the past two years (1040s)
  • W-2s for the past two years
  • Recent two (2) months of personal bank statements; self-employed applicants should also bring recent two (2) months of business bank statements
  • Current Profit and Loss Statement for self-employed individuals

You can also meet with a Wells Fargo Home Mortgage Consultant to seek pre-approval for a mortgage. Come prepared with the right documents.

Come see us!

Riverside Homebuilders has homes that qualify for this program within the Tarrant County area. Take a look at some of the single-family homes that could soon be yours! Make plans to attend the DFW Area NeighborhoodLIFT Launch Event on September 20 or 21. 

Riverside Homebuilders
3045 Lackland Road Fort Worth, TX 76116
Sales: Call or Text (817) 601 - 6230
Customer Care Department

© 2019 Riverside Homebuilders

Builder Designs IconSite By Builder Designs