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.
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, TSAHC 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)
| FICO Score | Interest Rate HFA Conventional |
Interest Rate FHA, VA, USDA* |
|---|---|---|
| 620–639 | 5.875% Origination Charge of 0.25% | 5.500% Origination Charge of 0.5% |
| 640+ | 5.875% | 5.500% |
| FICO Score | Interest Rate HFA Conventional |
Interest Rate FHA, USDA, VA* |
|---|---|---|
| 620–639 | 6.125% Origination Charge of 0.25% | 5.750% Origination Charge of 0.5% |
| 640+ | 6.125% | 5.750% |
| FICO Score | Interest Rate HFA Conventional |
|---|---|
| 680+ | 5.500% |
TSAHC was created in 1994 as a self-sustaining nonprofit housing organization. At TSAHC we believe that every Texan deserves the opportunity to live in safe, decent and affordable housing. Our programs target the housing needs of low-income families and other underserved populations in Texas who do not have acceptable housing options through conventional financial channels. All TSAHC programs are offered statewide, with special attention given to rural areas and other select target areas.
Fair Housing: Know Your Rights
