Galveston County Down Payment Assistance

Galveston County Down Payment Assistance is a grant for homebuyers in Galveston County, Texas. The City of Galveston Homebuyer Assistance Program (HAP) provides up to $14,500 in HOME Investment Partnership Program funds to income-eligible first-time homebuyers within Galveston city limits. Galveston County buyers outside city limits have access to the Southeast Texas Housing Finance Corporation (SETH) 5 Star Texas Advantage program for down payment assistance. Up to $14,500 in HOME Investment Partnership Program funds. Down payment and closing cost assistance. City of Galveston first-time homebuyers. Funding comes from Federal.

Galveston County Down Payment Assistance is structured as a grant, so it is not repaid. The assistance is recorded in 2nd Lien position. Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Galveston County Down Payment Assistance 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.

Galveston County Down Payment Assistance sets its income limit as follows: Income-eligible first-time homebuyers; income limits per HOME program guidelines. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Galveston County Down Payment Assistance can be used for Single-family. New construction is eligible.

Galveston County Down Payment Assistance serves homebuyers purchasing in Galveston County, Texas.

Applications for Galveston County Down Payment Assistance 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.