TSAHC Texas Mortgage Credit Certificate (MCC)
MCC (Mortgage Credit Certificate)
First Time Homebuyer
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Up to $2,000 tax credit per year
01/30/2022
Permanent
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.
Loan Programs that can be used with this special offer
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
PTHS Conventional Purchase - Low Income
Best For: First Time Homebuyers, Low Credit Scores
Conventional option for low income Pima County residents seeking down payment assistance from the "Homebuyer's Solution" program.
Min. Credit Score
640
Min. Down Payment
3%
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
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 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 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
No Limits
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
No Limits
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
No Limits
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
No Limits
* Some loan programs may not be offered by all featured lenders of ReviewMyMortgage.com and qualification guidelines may vary between them. Our team makes their best effort to keep loan program information up to date. Loan programs may change without warning. ReviewMyMortgage.com does not guarantee or offer any loan products. ReviewMyMortgage.com is strictly an educational resource hub for consumers.
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