New Construction Home Loans Program


The HOME Program has newly constructed homes available for purchase by qualified homebuyers. Up to $30,000 is provided as a deferred loan. The loan will be deemed paid as follows:

  • $5,000 deemed paid after 10 years residency
  • $5,000 deemed paid after 15 years residency
  • $10,000 deemed paid after 20 years residency
  • $10,000 deemed paid after 30 years residency

The homebuyer may also participate in the Down Payment Assistance grant program at the same time, without qualifying as a first-time homebuyer.

Eligible Property

The deferred loan may be used to purchase newly constructed homes available through an arrangement bwetween local licensed contractors and the County of Mobile. Please click here to view the current inventory of new homes available for sale. The homebuyer must occupy the property as a principal residence.

Can Your Qualify?

The homebuyer must meet residency and income requirements (click here for residency and income requirements). In addition, the monthly payment of the primary mortgage, including principal and interest, can not exceed 30% of gross monthly income. The homebuyer need not be a first-time homebuyer.

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