Home Buyer FAQ: Where Can I Buy a Home Using TSAHC’s Homeownership Programs?

You may use TSAHC’s Homeownership Programs to purchase a home anywhere in Texas. Our programs are not limited to certain areas or to specific homes. You may choose where you would like to live and the home you would like to [...]

Home Buyer FAQ: What are the Qualifications for the Homes for Texas Heroes Home Loan Program?

Under the Homes for Texas Heroes Home Loan Program, the Texas Legislature defines a “Texas Hero” as one of the following: Classroom Teacher in a K-12 Public School Full-Time Teacher Aide in a K-12 Public School School Librarian in a K-12 Public School School Nurse in a K-12 Public School School Counselor in a K-12 Public School Nursing and Allied Health Faculty member [...]

Home Buyer FAQ: Who is Eligible for TSAHC’s Homeownership Programs?

TSAHC provides 30-year fixed interest rate mortgage loans, down payment assistance grants and forgivable second lien loans, and mortgage credit certificates through the following programs: Homes for Texas Heroes Home Loan Program: for teachers, fire fighters and EMS personnel, police and correctional officers, and veterans. Click here for definitions of “Texas Heroes”. Home [...]

Home Buyer FAQ: Do I Have to Pay Back the Down Payment Assistance Provided by TSAHC?

Down Payment Assistance (DPA) grant: As long as your first lien mortgage loan is not refinanced or otherwise paid off in the first six months, you never have to repay any portion of TSAHC’s DPA grant. It is a gift to you. DPA 3-year deferred forgivable second lien: This assistance is forgiven, in full, upon the third anniversary of the date of your loan closing. If you sell, refinance or [...]

Home Buyer FAQ: How Do I Apply for TSAHC’s Homeownership Programs?

Follow these key steps for apply for TSAHC’s Down Payment Assistance and/or Mortgage Credit Certificate (MCC) Programs: Take the Eligibility Quizto see if you qualify. Contact one of the program’s participating lenders. The Lender will assist you with the application and qualification process. You will not submit an application directly to TSAHC. [...]