Loans & Down Payment Assistance

The Homes for Texas Heroes and Home Sweet Texas Home Loan Programs are available for teachers, fire fighters, police and correctional officers, veterans, and low and moderate-income homebuyers. These loans and home down payment assistance programs are available through a network of lenders across the state and all provide the following benefits:

  • A 30-year fixed interest rate mortgage loan
     
  • Down payment assistance % is based on the total mortgage loan amount
     
  • No upfront points or fees are taken out of the down payment assistance
     
  • You do not have to be a first-time homebuyer
     
  • You do not need to live in the home for any set period of time
     
  • The down payment assistance is a gift that never needs to be repaid.
     

First-time buyers can also use TSAHC's Mortgage Credit Certificate Program.

Watch this short video to learn about our home buyer programs!

Today's rates:

Loan Type 2% Down 
Payment
Assistance
3% Down 
Payment
Assistance
4% Down
Payment 
Assistance
5% Down 
Payment
Assistance
FHA*
w/ FICO score
640-659
4.125% 4.500% 5.000% N/A
FHA*
w/ FICO score 660+
N/A 4.125% 4.500% 5.000%
VA or USDA
w/FICO score 640+
N/A 4.125% 4.500%

5.000%

HFA Preferred Conventional
w/FICO score 640+
N/A 4.625% 4.875% 5.125%

Minimum credit score and debt-to-income requirements must be met. Learn More.

*FHA manually underwritten files will receive the same interest rate but 1% less of Down Payment Assistance.


 take the eligibility quiz