Want to buy a home, but do not have the money for the down payment? Check out The Texas State Affordable Housing Corporation (TSAHC) website and see if you are eligible for a loan or
Loans And Down Payment Assistance Through TSAHC
Want to buy a home, but do not have the money for the down payment? Check out The Texas State Affordable Housing Corporation (TSAHC) website and see if you are eligible for a loan or down payment assistance. Here is a summary of what TSAHC offers:
TSAHC provides mortgage loans and down payment assistance grants and second liens to eligible home buyers through the following programs:
Homes for Texas Heroes Home Loan Program: for teachers, fire fighters and EMS personnel, police and correctional officers, and veterans.
Homes Sweet Texas Home Loan Program: for Texas home buyers with low and moderate incomes.
A 30-year fixed interest rate mortgage loan, several rates and loan options available
Down payment assistance (DPA) 3% to 5% of the loan amount
You do not have to be a first-time homebuyer
DPA provided as a grant (never needs to be repaid) or repayable second lien loan
Available statewide through a network of participating lenders
First-time buyers can also apply for a Mortgage Credit Certificate.
For more details, click on the following link:
Janet Wingrove has been a licensed realtor in the State of Texas since 2007 and has been selling real estate in San Antonio ever since. My #1 goal is to help people achieve their real estate dreams! - Janet