Hill Country Home Down Payment Assistance Program

Hill Country Home Down Payment Assistance Program is a deferred second loan for homebuyers in Multi-County, Texas. Hill Country Home is Travis County HFC's multi-county DPA program serving the Austin-Round Rock MSA and adjacent Hill Country counties (Travis, Hays, Williamson, Bastrop, Burnet, Blanco, Caldwell, Llano, Lee, Lampasas). Provides a 30-year fixed-rate first mortgage with up to 5% DPA as a 0% deferred second lien. The Travis County Housing Finance Corporation Hill Country Home DPA program provides a 30-year fixed-rate first mortgage paired with down payment and closing-cost assistance up to 5% of the loan amount. The DPA is structured as a 0% interest second lien (deferred / due-on-sale per program guidance). Available across Travis County HFC's Hill Country footprint (Travis, Hays, Williamson, Bastrop, Burnet, Blanco, Caldwell, Llano, Lee, and Lampasas counties typically). No FTHB requirement. Funding comes from Travis County HFC bond / TBA execution.

Hill Country Home Down Payment Assistance Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off. Repayment is triggered by Due upon sale, refinance, payoff of first mortgage, or non-occupancy as primary residence. 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.

Hill Country Home Down Payment Assistance Program is open to homebuyers who will live in the home as their primary residence. On credit, the program states: 640 minimum FICO for FHA/VA/USDA; 680 for HFA-preferred Conventional. A homebuyer education course is required, through HUD-approved homebuyer education required (online or in-person). Residency requirement: Property must be within Travis County HFC's Hill Country footprint and occupied as primary residence. Citizenship or immigration status: U.S. citizen or qualified non-citizen per agency loan-product guidelines. 640 minimum FICO for FHA/VA/USDA, 680 for HFA-preferred Conventional. Borrower must occupy as primary residence. Income limit ~$79,120 (1-2 person) - $138,460 (3+ person) and purchase-price cap $364,452 (typical 4-person figure for Hill Country region). Available only in Travis County HFC's defined Hill Country footprint - confirm property eligibility with HFC.

Hill Country Home Down Payment Assistance Program limits household income to $138,460. The limit applies to total household income, not only the borrower’s. Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

Hill Country Home Down Payment Assistance Program caps the purchase price at $364,452. Eligible property types include Single-family detached, townhomes, condos meeting agency approval, eligible PUDs, eligible manufactured homes. New construction is eligible. Manufactured homes are eligible.

Hill Country Home Down Payment Assistance Program names veterans, active-duty service members, reservists and National Guard members, surviving spouses, American Indian and Alaska Native homebuyers, educators, law enforcement officers, firefighters, healthcare workers, and homebuyers with disabilities among the groups it serves. Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Hill Country Home Down Payment Assistance Program serves homebuyers purchasing in Multi-County, Texas.

Applications for Hill Country Home Down Payment Assistance Program go through the administering agency, which publishes the current terms and the application steps on its own site. Funds are reserved through Lenders reserve via Travis County HFC online portal on first-come, first-served basis. 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.