Lubbock Housing Finance Corporation Homeownership Across Texas (HAT) Grant Program - Conventional

Lubbock Housing Finance Corporation Homeownership Across Texas (HAT) Grant Program - Conventional

Program Category

Down Payment Programs

Max Amount

Up to $11,732
5% of Total Loan Amount

Agency Website

Contact Info

https://www.hatgrant.com/contact-hat

Shari Flynn Program Administrator 806-745-9559 sflynn@lubbockhousing.com
Gloria Mendoza Housing Specialist 806-745-9559 gmendoza@lubbockhousing.com

Program Details

Buyer contribution type

Income calc method

Qualifying (1003) Income

First mortgage types

Freddie Mac HFA Advantage,Fannie Mae HFA Preferred

First mortgage terms

Fully Amortizing,Fixed Rate,30-year

Property types

Single Family Detached, Condo, Townhome/PUD

Repayment triggers

Limitations

Only a Participating Lender can pre-qualify you for a HAT Grant and a mortgage loan at the same time.

Program available across the entire state of Texas except for: Grand Prairie, El Paso, or McKinney and all of Travis County (Austin).

2-4 unit properties must be at least 5 years old.

Co-signors are not permitted.