First-time Home Buyer Grants

TSAHC provides home loans, advance payment assistance funds, and home loan credit certificates to eligible very first- time home purchasers* through the following programs:

Houses for Texas Heroes Residence Loan Program: for teachers, firemen and EMS personnel, police and correctional officers, and veterans. Houses Sweet Texas Residence Loan Program: for Texas house purchasers with low and incomes that are moderate.

A 30-year fixed rate of interest real estate loan, a few prices and loan possibilities
Advance payment help (DPA) supplied as a grant (never has to be paid back) or forgivable lien loan that is second
DPA designed for as much as 5% associated with the loan amount
There is no need to become a first-time homebuyer
Available statewide through a community of participating loan providers. TSAHC will not need borrowers to use A realtor® that is approved nevertheless we provides a few resources to greatly help find a REALTOR® acquainted with TSAHC’s programs.

Earnings restrictions vary by county. Expanded purchase and income cost limitations for sale in targeted areas.

First-time purchasers can apply for a also mortgage interest tax credit referred to as a Mortgage Credit Certificate.

*TSAHC describes a home that is first-time as any family members or person who have not owned or had an ownership curiosity about a property in the previous 36 months. Ownership interest is described as any one who is surviving in the house as his / her major residence and it is noted on the deed of trust. For maried people, both partners hold an ownership interest, whether or not only 1 is listed on the deed of trust.

Exactly Exactly What People Are Saying About TSAHC’s Programs

“Buying a property could be the biggest decision that is financial ever made, and now we couldn’t did it without having the advance payment grant we received from TSAHC. I’m so grateful to loan officer Stacy Schriever and REALTOR® Debbie Patterson for launching us to TSAHC’s programs, which managed to get possible for us to finally buy a property of our own.” -Felicia Bolton, Home Buyer

“TSAHC’s programs make homeownership easy for numerous Texas families. I will be proud to be a participating loan officer in TSAHC’s programs thus I might help families such as the Pilgrims attain their dream that is lifelong of a home.” -Nicole Newton, Loan Officer with Prime Lending

“Buying a house may be overwhelming, but personally i think really endowed with my experience. I will be extremely grateful for the guidance that my loan officer Tina Chumley, and REALTOR® Chelcy Gilliland supplied throughout the property procedure. I will be also thankful for TSAHC, whose programs assisted me buy a house during my neighbor hood so my son did have to change n’t schools.” -Ellie Moss, Home Buyer