HTF Homebuyer Assistance Program provides eligible borrowers with down payment, gap financing, and closing cost assistance for the acquisition of a single family home that must be used as a principal residence. The program will serve first time homebuyers and veterans whose annual income does not exceed 80% of the Area Median Family Income.
Minimum Program Criteria:

• Up to $10,000 for down payment, gap financing and/or closing cost assistance
• Borrowers must be a first time homebuyer (this requirement waived for Veterans)
• Income may not exceed 80% Area Median Family Income (Adjusted for family size)
• Liquid Assets may not exceed $15,000 (Excluding retirement and/or 401K accounts)
• New and existing eligible properties
• 0% interest loan
• 5 to 10 year loan term
• First payment may be deferred up to 5 years from closing

Click here for the next scheduled homebuyer class.
Harlingen Community Development Corporation
518 E. Harrison
(956) 421-2351

Income Limits:
Effective August 1, 2011