Neighborhood Housing Services of San Antonio

What is Neighborhood Housing Services of San Antonio?

Neighborhood Housing Services of San Antonio is a grant for homebuyers in San Antonio, Texas.

• NHS of San Antonio provides up to $12,000 in down payment and closing cost assistance to first-time homebuyers purchasing in Bexar County or surrounding counties. Assistance is structured as a second mortgage loan at a competitive interest rate. Buyers must be pre-approved for a first-lien mortgage through a participating lender.
• Up to $12,000 second mortgage.
• First-time homebuyer focus.
• Bexar County coverage.
• HUD education required.
• Funding comes from Nonprofit.

How much assistance does it provide?

Neighborhood Housing Services of San Antonio offers up to $12,000 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.

Do you have to pay it back?

Neighborhood Housing Services of San Antonio is structured as a grant, so it is not repaid.

• Repayment is triggered by Sale, Refinance, and No Longer Primary.
• 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.

Who qualifies?

Neighborhood Housing Services of San Antonio is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What are the income limits?

Neighborhood Housing Services of San Antonio sets its income limit as follows: Must meet NHS income guidelines; targets low-to-moderate income households in Bexar County.

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Neighborhood Housing Services of San Antonio can be used for Single-family.

• New construction is eligible.

Where does it apply?

Neighborhood Housing Services of San Antonio serves buyers purchasing in San Antonio, Texas.

How do you apply?

Applications for Neighborhood Housing Services of San Antonio go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Take a homebuyer education course

   Required by the program before funds are reserved.

2. 2

   Contact the administering agency to reserve funds

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

3. 3

   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.