City of Fort Worth Homebuyer Assistance (HAP) Program

City of Fort Worth Homebuyer Assistance (HAP) Program

Program Category

Down Payment Programs

Max Amount

Up to $25,000

Contact Info

lilia.escobedo@fortworthtexas.gov 817-392-7395 Sr. Loan Rep
christy.eastman@fortworthtexs.gov 817-392-7547 Admin Technician

Program Details

Buyer contribution type

%L

Income calc method

Compliance Income

First mortgage types

Freddie Mac,Freddie Mac Home Possible,Fannie Mae,Fannie Mae HomeReady,FHA 203(b),VA

First mortgage terms

Fully Amortizing,Fixed Rate,30-year

Property types

Single Family Detached, Condo, 1/2 Duplex, Townhome/PUD, Manufactured Home

Repayment triggers

Payoff of 1st mortgage Sale of the home Change of occupancy Refinance Transfer of title Default

Limitations

-The property must pass the Housing Quality Standard Inspection (HQS), Environmental Review and Lead Hazard Evaluation conducted by the City of Fort Worth at no cost to the home buyers.

The processing time will be up to thirty (30) days from the date of the program's commitment of funds.

Applicant(s) must be either a citizen of the United States or a permanent resident of the U.S.