Are there still deals out there for first home buyers?

REach out to a Local REALTOR expert. They can give you better answers on the market she is looking for for that range. Also, talk to a local lender! They often have 1st time home buyer options and can even get some closing cost assistance and maybe grants for the down payment assistance. When looking at a Mortgage Calculator app, that price range is probably around $165-200,000 range depending on taxes, insurance and what a down payment would look like for her.

You might be amazed at the number of loan products there are out there. Texas State Affordable Housing Corporation, TSAHC, is as good a place to start as any. They have many resources to help her get started.

There are several first time home buyer programs available in Texas. I’m a lender would love to assist your daughter.

The local housing authority or a trusted Realtor would know about any local first time home buyer programs. With the current interest rate she could purchase a home around $150,000 with 20% down. Look for properties like townhomes and smaller sqft homes. Sometimes moving a little further away from town can get the prices down as well. During negotiations, her Realtor can request the seller put money towards closing costs or to buy down the rate, ensuring the most money goes towards a more affordable payment.