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Brazos Valley Downpayment Assistance Program
Brazos Valley Affordable Housing Corporation
www.bvahc.org/

Program Overview


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 $ 35.


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? No


Property Eligibility Requirements


Property must be outside the city limits of Bryan/College Station.


Benefit Details


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.

Benefit: No interest deferred payment second-lien loan.
Homebuyer Counseling /
Education Required:
Yes
Owner Occupancy Required:Yes

Please note: Every attempt is made to reflect accurate and up to date information on housing programs displayed on row site. Some inaccuracies may exist. For verification contact a certified REALTOR member.



For more information about row and other homebuyer programs please contact one of the following:

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