TSAHC (Texas State Affordable Housing Corporation)
State Housing Agency
The Texas State Affordable Housing Corporation (TSAHC) is a 501(c)(3) nonprofit organization that was incorporated in 1994. TSAHC was created at the direction of the Texas Legislature to serve as a self-sustaining, statewide affordable housing provider. TSAHC believes that every Texan deserves the opportunity to live in safe, decent and affordable housing. As the population of the state continues to grow at a record rate, the need for affordable housing in Texas is only increasing
First Mortgage Programs Offered by TSAHC (Texas State Affordable Housing Corporation)
TSAHC FHA Purchase Loan
Best For: First Time Homebuyers, Low Credit Scores
FHA program for Texas residents seeking down payment assistance, offered by the Texas State Affordable Housing Corporation (TSAHC).
Min. Credit Score
620
Min. Down Payment
3.5%
Max. Loan Amount
$472,030 - $571,550
TSAHC Conventional Purchase - Low Income
Best For: First Time Homebuyers, Low Credit Scores
Conventional option for low income Texas residents seeking down payment assistance, offered by the Texas State Affordable Housing Corporation (TSAHC).
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
TSAHC USDA Purchase Loan
Best For: Low Credit Scores, Zero Down
USDA program for Texas residents seeking down payment assistance, offered by the Texas State Affordable Housing Corporation (TSAHC).
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$336,500 - $386,400
TSAHC VA Purchase Loan
Best For: Low Credit Scores, Zero Down
VA program for Texas Veterans seeking down payment assistance, offered by the Texas State Affordable Housing Corporation (TSAHC).
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$726,200
TSAHC Conventional Purchase - Median Income
Best For: First Time Homebuyers, Low Credit Scores
Conventional option for Texas residents seeking down payment help and making above 80% AMI, offered by the Texas State Affordable Housing Corporation.
Min. Credit Score
640
Min. Down Payment
3%
Max. Loan Amount
$726,200
Second Mortgage Programs Offered by TSAHC (Texas State Affordable Housing Corporation)
TSAHC Homes for Texas Heroes
Best For: Low Down Payments, Zero Down
Up to 5% down payment and closing cost assistance for Texas Heroes with no first time homebuyer requirement.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$472,030 - $571,550
Up to 5.00% of 1st Loan Amount Program Benefit Amount
TSAHC Home Sweet Texas Home
Best For: Low Down Payments, Zero Down
Up to 5% down payment and closing cost assistance for Texas homebuyers with no first time homebuyer requirement.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$472,030 - $571,550
Up to 5.00% of 1st Loan Amount Program Benefit Amount
TSAHC Home Sweet Texas Home w/ MCC
Best For: Low Down Payments, Zero Down
Up to 5% down payment and closing cost assistance, and a Mortgage Credit Certificate (MCC) for tax benefits for Texas homebuyers.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$472,030 - $571,550
Up to 5.00% of 1st Loan Amount Program Benefit Amount
TSAHC Homes for Texas Heroes w/ MCC
Best For: Low Down Payments, Zero Down
Up to 5% down payment and closing cost assistance for Texas Heroes and a Mortgage Credit Certificate (MCC) for tax benefits.
Min. Credit Score
620
Min. Down Payment
0%
Max. Loan Amount
$472,030 - $571,550
Up to 5.00% of 1st Loan Amount Program Benefit Amount
Special Offers from TSAHC (Texas State Affordable Housing Corporation)
TSAHC Texas Mortgage Credit Certificate (MCC)
TSAHC's Texas Mortgage Credit Certificate is an interest tax credit that is used to reduce your federal income tax responsibility each year. They are specifically for first time homebuyers and must be paired with either TSAHC's Homes for Texas Heroes or Home Sweet Texas Home program.
See If You Qualify for TSAHC (Texas State Affordable Housing Corporation) Loans
* ReviewMyMortgage.com Inc. is in no way affiliated with or endorsed by TSAHC or any of its subsidiaries. We are an educational resource website that compiles information on different financing institutions and the loan products they offer in the United States.
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