Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
The following fees apply to TSAHC's Homeownership Programs:
- $250 Funding Fee (Down Payment Assistance (DPA) Programs only)
- $75 Tax Service Fee (DPA Programs only)
- $10 Flood Transfer Fee (DPA Programs only)
- $200 Compliance Review Fee (DPA and Mortgage Credit Certificate (MCC) Programs)
- $400 MCC Issuance fee – Please note that “Texas Hero” borrowers using our DPA and MCC programs together will receive a FREE MCC!
- 1% Origination Fee - Your Realtor/Lender may be able to ask the seller to pay this!
Lenders may collect other reasonable and customary fees and closing costs, provided all fees are fully disclosed in accordance with federal, state and local regulations.