Neighborhood Housing Services (NHS) of San Antonio Down Payment Assistance Program - Conventional
Neighborhood Housing Services (NHS) of San Antonio Down Payment Assistance Program - Conventional
Program Category
Down Payment Programs
Max Amount
Up to $20,000
Agency Website
Contact Info
Patricia Sanchez, Lending Specialist/RMLO, 210-533-6673 Ext 306
Connie Mendez, Certified HUD Counselor, 210-533-6673 Ext 302
Valorie Garcia, Certified HUD Counselor, 210-533-6673 Ext 304
Connie Mendez, Certified HUD Counselor, 210-533-6673 Ext 302
Valorie Garcia, Certified HUD Counselor, 210-533-6673 Ext 304
Program Details
Buyer contribution type
$
Income calc method
First mortgage types
Freddie Mac,Freddie Mac Home Possible,Fannie Mae,Fannie Mae HomeReady
First mortgage terms
Fully Amortizing,Fixed Rate,30-year
Property types
Single Family Detached, Condo, Townhome/PUD, Manufactured Home
Repayment triggers
Sale of the home
Loan Forgiveness
No
Program Guide
Program description:
https://www.nhsofsa.org/loansBrochure/Income Limits:
https://www.nhsofsa.org/_files/ugd/690fee_a64ecabd36824319a7711fd68b29798c.pdfLimitations
Minimum of 2 years consistent history, preferably in the same line of work; you may still qualify if you have employment gaps, provided that they are not longer than 6 months within a period of 2 years.
Minimum 1 Month PITI (post close) reserves.
Borrowers must be U.S. Citizen or Permanent Resident with valid Social Security Number.
Maximum Cash Reserves of 5 months PITI.
Minimum 1 Month PITI (post close) reserves.
Borrowers must be U.S. Citizen or Permanent Resident with valid Social Security Number.
Maximum Cash Reserves of 5 months PITI.
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