Homes for Heroes Military Spouse Program

What is Homes for Heroes Military Spouse Program?

Homes for Heroes Military Spouse Program is a grant for homebuyers in Texas.

• Homes for Heroes is a nationwide network of real estate and mortgage specialists that offers savings to military service members, veterans, and their families including military spouses. The program provides post-closing savings via a Hero Rewards check (avg $2,300 = 0.7% of purchase price), $500 lender fee savings, $150 title savings, and $50 home inspection discount. There is no traditional down payment assistance grant; savings come from reduced fees and rebates.
• Hero Rewards rebate avg $2,300 (0.7% of purchase price).
• Lender fee savings avg $500.
• Title service savings avg $150.
• Total avg savings ~$3,000 per transaction.
• Funding comes from Nonprofit.

Do you have to pay it back?

Homes for Heroes Military Spouse 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.

Who qualifies?

Homes for Heroes Military Spouse Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What kind of home can it be used for?

Homes for Heroes Military Spouse Program can be used for Single-family.

• New construction is eligible.

Where does it apply?

Homes for Heroes Military Spouse Program serves buyers purchasing anywhere in Texas.

How do you apply?

Applications for Homes for Heroes Military Spouse Program go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.