The HomeRun Program
RED: NOT ELIGIBLE
YELLOW: Eligible w/ Borrower Income Limits
GREEN: Eligible with NO Income Limits
The HomeRun Program is designed to make homeownership more attainable for today’s buyers. With low down payment options, no mortgage insurance, and expanded eligibility in select areas, it’s helping more families get into homes with greater affordability and less upfront cost.
Whether you're a first-time buyer or just looking for a smarter path to ownership, HomeRun could be the key.
The HomeRun program is open to buyers purchasing a primary residence, with options for as little as 3% down and no mortgage insurance.
Income limits may apply, but homes in select areas may qualify with no income cap at all. Credit scores above 640 are eligible, and first-time buyers may need to complete a homebuyer education course.
-
Only Available in Travis, Williamson, Caldwell, Hays and Bastrop County
-
Occupancy: Primary Residence Only
-
Credit Score: 640
-
Income Limits: Yes
-
No income limits in designated census tracts.
-
-
Loan Type: Conventional Fixed Rat Loans Only
-
Minimum Down Payment: 3%
-
Homebuyer Education: Required
-
Property Types Eligible: SFR , Condominiums, PUDS, 1-2 Unit
Ineligible Borrowers
-
Ownership interest in other property at the time of close (this includes non-applicant spouse, fiance', domestic partners, etc).