Hubbard Loan Program, Loans, Government Help

Hubbard County HRA Loan Programs


Down Payment Assistance

Hubbard County HRA administers a down payment assistance program designed to promote home ownership. Through this program, the HRA offers loans up to $7500 that are deferred with no interest for five years. Repayment of the principal begins after 5 years at 4% interest.

Hubbard County HRA Down Payment Assistance Application

Hubbard County HRA In-House Rehabilitation Loan Program

The Hubbard County HRA has created an In-House Rehabilitation Loan Program to assist low to moderate income households make necessary repairs to their homes to keep their home safe, healthy and affordable.

To be eligible you must:

  • Own and occupy the home to be rehabilitated
  • Meet the income limits (household income limit may be waived if the loan proceeds will be used exclusively for accessibility improvements)
  • Various property types are eligible including single family homes, an individual unit in a Planned Unit Development (PUD), a townhome, a unit of a condominium, a manufactured home permanently affixed to a foundation and taxed as real property, and a duplex, triplex or fourplex.

Program Features:

  • Higher loan-to-value ratio than traditional lending loan products
  • Maximum loan amount is $15,000
  • 3% fixed interest rate for the life of the loan
  • Monthly payment amount will be based on household’s ability to pay, with a maximum debt-to-income ratio of 45%.
  • Maximum repayment term will be 20 years

Hubbard Loan Program, Loans, Government Help
Loan. Programs, Low Income

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