American National Bank of Texas DPA Program

American National Bank of Texas DPA Program is a grant for homebuyers in Texas. ANBTX's Ignite Home Loan Program offers eligible homebuyers in designated North Texas census tracts a forgivable grant of up to $7,500 for closing costs and pre-paid expenses. The program targets majority-minority neighborhoods and low-to-moderate income census tracts within North Texas counties including Collin, Dallas, Hunt, Johnson, Kaufman, Rockwall, Tarrant, and Van Zandt. Features include up to 97% LTV financing and up to 40-year terms. Forgivable grant up to $7,500 for closing costs. Up to 97% LTV financing. Up to 40-year loan terms. Covers eligible North Texas counties. Funding comes from Private Lender.

American National Bank of Texas DPA Program offers up to $7,500 in assistance. The program can be combined with other assistance, subject to the rules of each. Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

American National Bank of Texas DPA Program is structured as a grant, so it is not repaid. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

American National Bank of Texas DPA Program is open to first-time homebuyers and homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. A homebuyer education course is required. Citizenship or immigration status: yes.

American National Bank of Texas DPA Program sets its income limit as follows: Property must be in a census tract with >50% minority population and/or a low or moderate income level tract within eligible North Texas counties. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

American National Bank of Texas DPA Program can be used for Single-family. New construction is eligible.

American National Bank of Texas DPA Program serves homebuyers purchasing anywhere in Texas. The program gives priority to designated target areas, so the address matters as well as the county.

Applications for American National Bank of Texas DPA Program go through the administering agency, which publishes the current terms and the application steps on its own site. Hey Prescott is not a lender and does not accept applications; this page describes the program so a homebuyer can take it to a lender or housing counselor.