Maximum loan is $20,000; Maximum grant is $7,500; Loans and grants can be combined for up to $27,500 in assistance; What are the terms of the loan or grant? Loans can be repaid over 20 years; Loan interest rate is fixed at 1%; Full title service is required for loans of $7,500 or more; Grants have a lifetime limit of $7,500
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Homes Sweet Texas home loan program: for Texas home buyers with low and moderate incomes. program benefits. A 30-year fixed interest rate mortgage loan, several rates.
Single Family Housing Guaranteed Loan Program in Texas. Eligible applicants may build, rehabilitate, improve or relocate a dwelling in an eligible rural area. The program provides a 90% loan note guarantee to approved lenders in order to reduce the risk of extending 100% loans to eligible rural homebuyers.
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