Lubbock Housing Finance Corporation provides various programs and services that promote economic development and encourage the building of long-term assets for individuals and neighborhoods.  Unless otherwise noted, these programs and services are available to persons living in Lubbock and surrounding counties.

Homeownership Across Texas            Grant Program

The Lubbock Housing Finance Corporation, in partnership with the Southeast Texas Housing Finance Corporation, is pleased to make the HAT Grant Program available in most communities throughout the State.

Featuring Down Payment and Closing Cost GRANTS

   Totaling up to 5% of your Loan Amount!!!


Eligibility for the loan and GRANT is based on: 

Ø the property you wish to purchase being located anywhere in Texas with the exception of    El Paso, Grand Prairie and McKinney;

Ø the income being used to qualify you for a home loan being less than or equal to 115% of Area Median Income for the County in which the home is located;

Ø the sales price of the home you buy being less than or equal to: 

    $250,200  (FHA, VA and USDA loans)

    $324,000 (Conventional loans)

Ø you occupying the home as your principal residence; and

Ø you being able to qualify for FHA, VA, Conventional or USDA financing.

And you don't have to be a first-time homebuyer!!!


The following costs may be paid with GRANT funds:


ØClosing Costs (including fees for appraisal, credit

   report, title insurance, etc.)

ØPrepaid Expenses (including homeowners insurance,

   real estate tax escrows, interest, etc.)


Apply for a grant and a home loan at the same time through a Participating Lender: 





American National Bank




City Bank Mortgage




First United Bank




Hometrust Mortgage




Peoples Bank




Platinum Bank




PrimeWest Mortgage




Prosperity Bank

Lubbock              Plainview

806.767.8260       806.741.2918


SouthWest Bank




Mortgage Assistance

Lubbock Housing Finance Corporation helps qualified persons secure financing to become homeowner. LHFC is a licensed Mortgage Banker and its employees are licensed Mortgage Loan Originators, as required by the S.A.F.E. (Secure and Fair Enforcement for) Mortgage Licensing Act of 2008. Company NMLS #266112

Go to "About LHFC" to see our
Texas Mortgage Banker Disclosure

Interested persons should call 806-744-KEYS (806-744-5397) for more information.

Construction Financing

Lubbock Housing Finance Corporation provides financing to qualified builders for the construction of affordable single-family homes in the cities throughout Lubbock County.  Interest rates on these loans range from 0% to 6% with the most favorable rates available for homes built in targeted neighborhoods and sold to low income persons.

Interested builders should call LHFC at 806-745-9559 for more information.


Small Business Lending

Lubbock Housing Finance Corporation provides administrative and loan packaging services for High Plains Community Capital, LLC ("HPCC"), a regional multi-bank community development company.  Its primary purpose is to benefit low-to-moderate income people and/or areas by making non-traditional loans to small business owners. HPCC serves the South Plains, a 15-county region which includes the following counties and cities therein:  Bailey, Cochran, Crosby, Dickens, Floyd, Garza, Hale, Hockley, King, Lamb, Lubbock, Lynn, Motley, Terry, Yoakum.

The following banks with locations throughout the region have invested in High Plains Community Capital:

American Bank of Commerce (Lubbock, Wolfforth)

BBVA Compass Bank (Lubbock, Plainview)

City Bank (Floydada, Levelland, Lockney, Lubbock, Morton, Olton, Springlake, Whiteface)

First Bank & Trust (Lubbock)

Lubbock National Bank (Lubbock)

Prosperity Bank (Brownfield, Floydada, Levelland, Littlefield, Lubbock, Plainview, Slaton)

Security State Bank (Littlefield, Lubbock, Olton)

Wells Fargo Bank (Denver City, Lubbock, Plainview, Post)

Persons interested in a small business loan, or who have been denied a loan due to credit problems, should go to or call HPCC at 806-771-3742 for an appointment.