Home Buyer Programs

TSAHC provides 30-year fixed interest rate mortgage loans, down payment assistance grants, and mortgage credit certificates through the following programs.  These programs are offered through a network of approved mortgage lenders.

• Homes for Texas Heroes Home Loan Program: for teachers, fire fighters and EMS personnel, police and correctional officers, and veterans.
• Home Sweet Texas Home Loan Program: for Texas home buyers with low and moderate incomes.

Loans w/ Down Payment Assistance:

• Credit scores as low as 620
• No max DTI w/AUS approval
• Low fees
• Third Party Originators allowed
• FHA manual underwrites allowed up to 43% DTI with no additional fee (640 minimum FICO score required)
• FHA non-traditional credit allowed with no additional fee
• Simplified income limits

Mortgage Credit Certificates (MCC):

• A dollar for dollar savings of up to $2,000 every year as a special tax credit
• Helps the home buyer qualify by reducing the DTI
• No minimum credit score or maximum DTI requirements
• May be used with any fixed-rate loan product or combined with TSAHC's Down Payment Assistance
• FREE for those Texas Heroes also using TSAHC's Down Payment Assistance.
• ​Simplified income limits
• Exclusively for first-time home buyers

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Today's Interest Rates:

Minimum credit score requirements must be met. Learn More.

*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. In most cases, the 4% and 5% grant options do not meet USDA's interest rate cap.

**Origination fee of .25% charged on 620-639 FICO conventional loans and .50% charged on 620-639 FICO government loans (FHA, VA, USDA)

3% Grant

FICO Score	Interest Rate HFA Conventional	Interest Rate FHA, VA, USDA*
620–639	6.000% Origination Charge of 0.25%	5.750% Origination Charge of 0.5%
640+	6.000%	5.750%

4% Grant

FICO Score	Interest Rate HFA Conventional	Interest Rate FHA, VA, USDA*
620–639	6.375% Origination Charge of 0.25%	6.250% Origination Charge of 0.5%
640+	6.375%	6.250%

5% 2nd Lien - Now Available

FICO Score	Interest Rate HFA Conventional
680+	5.750%

Take the Eligibility Quiz