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          Homes with Honor

For Qualifying Veterans only

Use your VA Loan and purchase with no down-payment

Homes With Honor is a housing program for low to moderate income U.S. Military Veterans in Texas created by the Houston Area Urban Community Development Corporation, Tarrant County Housing Partnership, and the Texas State Affordable Housing Corporation in partnership with Brooke Community Development and the National Community Stabilization Trust



Homes With Honor is a program to provide quality homes to low and moderate income U.S. Military Veterans seeking to buy a home for their personal residence in Texas.

Qualifying Veterans:

  • Must be active service or provide proof of honorable discharge.
  • Must have an income of 120% or below Average Median Income (AMI) for the county where the home is located. Example: Average Median Income in Harris County Texas for a family of four is $66,200. 120% equals $79,400. Total family of 4 income in Harris County must be less than $79,400 to qualify.
  • Must be owner occupied (second mortgage will not be forgiven if Veteran fails to live in the home as their primary residence).
  • Must be approved for a mortgage for 100% of the appraised price less down payment. Homes With Honor does not provide a first mortgage.
  • Apply for a Mortgage loan On-line  
  • Must have proof of funds for down payment and any Buyer closing costs.

Homes With Honor non-profit organizations provide qualifying Veterans with a forgivable soft second mortgage at 0% interest rate and no payment as long as the Veteran is in compliance with the program. The soft second mortgage is completely forgiven over 10 years with no payment. The primary compliance requirements are that the Veteran must remain current on their first mortgage (obtained independently of Homes With Honor) and must live in the home as their primary residence for a minimum of ten years,

The soft-second mortgage will be forgiven over 10 years according to this schedule:


Purchase Price: $ 100,000 (Appraised value of the home at time of purchase)
Down Payment: $ 0 (VA loans may be $0 down payment)
First Mortgage: $ 75,000 (75% of $100,000 purchase price)
Forgivable soft second mortgage: $ 25,000 (25% of $100,000 purchase: 0% interest rate $0.00 payment)

Each month 1/120th of the forgivable soft second mortgage is forgiven. If the Veteran sells the house after six years, 60% (or $15,000 ) of the $25,000 soft second mortgage will be forgiven. After 10 years 100% (the full $25,000) of the soft second mortgage is forgiven.


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