Dallas Homebuyer Assistance Program (DHAP) Financial Readiness Quiz – Am I Ready to Apply?

  • Dallas Homebuyer Assistance Program (DHAP) Financial Readiness Quiz – Am I Ready to Apply?

    This is not an application and does not guarantee approval or funding.

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    Before You Begin

     

    This quiz helps you understand if you may be ready to apply for the Dallas Homebuyer Assistance Program (DHAP).

    This is not an application and not a loan approval.

    Final approval depends on:

    • The home you choose
    • The home passing inspection
    • The home appraising for the purchase price
    • Full review of your loan and documents

  • Your Information

    Please complete the following questions.
  • Format: (000) 000-0000.

  • Section 1 - Basic Program Fit

    Please answer the following questions to see if you meet basic program requirements.
  • 1. Do you plan to buy a home within the City of Dallas?*
  • 2. Do you plan to live in the home as your primary residence?

  • Section 2 - Homebuyer Status

  • 3. Have you owned a home in the last 3 years?

  • Section 3 - Homebuyer Status

  • 4. What is your total household income (before taxes)?

  • SECTION 4 – LOAN READINESS

  • 6. Have you spoken with a lender about a home loan?*

  • Click here for a list of Approved DHAP Lenders

  • 7. Do you have a mortgage pre-approval letter?*

  • SECTION 5 – SAVINGS

  • 8. Do you have any savings for home buying costs?*

  • SECTION 6 – HOMEBUYER EDUCATION

  • 9. Have you completed a homebuyer education course?*

  • SECTION 7 – PROPERTY UNDERSTANDING (CRITICAL)

  • 10. Do you understand that the home (property) must meet program requirements?*

  • Important: Your home must also qualify

    Even if you income qualify, your home must:

    • Appraise at or above the purchase price
    • Pass a home inspection
    • Meet program and environmental requirements

  • Should be Empty: