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, 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)

3% Grant

FICO Score Interest Rate
HFA Conventional
Interest Rate
620–639 5.875% Origination Charge of 0.25% 5.500% Origination Charge of 0.5%
640+ 5.875% 5.500%

4% Grant

FICO Score Interest Rate
HFA Conventional
Interest Rate
620–639 6.125% Origination Charge of 0.25% 5.750% Origination Charge of 0.5%
640+ 6.125% 5.750%

5% 2nd Lien - Now Available

FICO Score Interest Rate
HFA Conventional
680+ 5.500%

Take the Eligibility Quiz