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Brazos Valley Downpayment Assistance Program
Brazos Valley Affordable Housing Corporation
Brazos Valley Downpayment Assistance Program is a
program that provides downpayment and closing cost assistance. Property must be located in Brazos, Burleson, Grimes, Leon, Madison, Robertson, or Washington counties.
The application fee is $
Who is eligible for this program?
Borrowers must have decent credit, be able to qualify for a traditional loan, and must contribute at least $500 of their own funds.
Funds may be used for the downpayment or closing costs.
Household Income Limit: $ 0 Is this program for first-time buyers only?
Property Eligibility Requirements
Property must be outside the city limits of Bryan/College Station.
The loan is interest free as long as there are no violations to the terms of the loan. Borrowers must maintain the property as their primary residence. If the borrower sells, refinances (including home equity loans), or transfers the property, or is in violation of program guidelines, the full amount of the loan is payable. The maximum loan is $7500.
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