The state runs a program to provide homeowners assistance in purchasing.
Information about the First Time Homebuyer program, the Professional Educators program and the Texas Heroes program can be found at http://www.tsahc.org/single/single_first_time_buyers.php
Realtors, like me, who have been trained on TSAHDC (Texas Affordable Housing Development Corporation) programs are listed on the Texas Realtors site http://TexasRealEstate.com/web/FindAHS/ .
I can't say I blame them. Many loan officers give out Pre-Approval letters without doing little more than just speaking with a potential buyer on the phone. I got a new client a few days ago that was trying to go under contract but at the last minute his lender said he didn't qualify after all and needed a co-signer AND 20% down. This happened through one of the big banks that is now owned by Wells Fargo and I will leave it at that.
There are plenty of good and bad loan officers out there and it doesn't matter if they work for a broker, banker or large depository lender.
Most brokers, bankers and direct lenders can offer the programs you are looking for. What you need to look into is how their Pre-Approval process works. They have to take a full application from you, review credit, debt, income, assets, submit your file through an Automated Underwriting System and if need be clear it with an underwriter if there are serious issues.
There is a lot more to it than that but if you would like more details feel free to contact me. Thank you.
You need to contact a good bank, or a good Mortgage Broker.
Ask about Fannie Mae's HOMEPATH, or look up http://www.fanniemae.com and then homepath.
Many foreclosures have restrictions from the lender who owns that home
Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors