First Step: Complete HCD intake application with a Loan Processor at City Hall, and register for the Homebuyer. to establish eligibility for the Homebuyer Assistance Program.. The Commitment Letter is good for 180 days from the time it.
HUD requires that homebuyers be provided with a minimum of 8 hours of homebuyer and homeownership counseling prior to the homebuyer purchasing a home. The City offers these classes at no charge, but the homebuyer must be purchasing a home within the limits of Corpus Christi. rental rehabilitation loan Program- is designed to assist investors/owners with the rehabilitation of their rental properties by providing a 3 percent loan amortized up to 20 years. The units must be made available to.