Step 1: Program Qualifications
In order to qualify for our Home Loan or Mortgage Credit Certificate Programs homebuyers must meet be one of the following:
- A Professional Educator: Defined as a full time Classroom Teacher, Teacher Aide, School Librarian, School Nurse or School Counselor employed by a public school district in the state of Texas; or a full time faculty member * of either an undergraduate or graduate professional nursing or allied health program in the State of Texas; or
- A Texas Hero: Defined as a full time, paid Firefighter, Emergency Medical Services Personnel, Peace Officer, Corrections Officer, Juvenile Corrections Officer, County Jailer, or a Public Security Officer working in the State of Texas, or
- An individual at or below 80% of the Area Median Family Income (AMFI).
Additionally, a homebuyer must:
- Be a first-time homebuyer, have not had an ownership interest in any principal residence during the last three years, or purchasing a home in a targeted area;
- Reside in the State of Texas;
- Meet the income and home purchase price limits;
- Meet standard mortgage underwriting requirements which demonstrate credit worthiness;
- Occupy the purchased home as their primary residence; and
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Complete a HUD approved homebuyer education course prior to closing on the home loan. To find a homebuyer education provider in your area, please click here. Once you are on HUD's website, you can further narrow your search by entering your city and by selecting "Homebuyer Education Programs".
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