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 anywhere in Texas and provide the following benefits:

  • A 30-year fixed interest rate mortgage loan
  • Down payment assistance (DPA) can be up to 5% of the loan amount
  • Several rate, loan and DPA options available
  • No upfront points or origination fees allowed
  • Don't have to be a first-time homebuyer
  • No requirement 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.

Today's Interest Rates:

Loan Type &
Mortgage Interest Rate
2% Grant for
Down Payment
3% Grant for
Down Payment
4% Grant for
Down Payment
5% Grant for
Down Payment
w/ FICO score
4.750% 5.000% 5.500% N/A
w/ FICO score 660+
N/A 4.750% 5.000% 5.500%
w/ FICO score
N/A 4.750% 5.000% 5.500%
w/FICO score 640+
N/A 4.750% 5.000%


HFA Preferred Conventional
w/FICO score 640+
N/A 5.000% 5.250% 5.500%

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

*Home buyers receiving FHA loans that must be manually underwritten will receive the same interest rate, but the DPA grant amount will be 1% less than what is listed above. 

**USDA Interest Rate Cap: Grant options available with USDA loans are limited to those that meet the daily interest rate cap set by USDA as determined by the Lender.

 take the eligibility quiz