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

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