For Lenders

The Texas State Affordable Housing Corporation relies on valuable lenders in assisting our deserving clients. We welcome your participation in assisting our borrowers achieve homeownership.

 

The Corporation provides 30-year fixed rate mortgage loans to eligible homebuyers wishing to achieve the American dream of homeownership through a network of participating lenders across the state. In addition to a low interest rate, our programs offer down payment and closing cost assistance in the form of a grant. For more information on our Professional Educators, Homes for Texas Heroes and Home Sweet Texas Home Loan Programs, please click here

  

The Corporation also provides an annual tax credit to qualifying first-time homebuyers through the issuance of a Mortgage Credit Certificate (MCC) through a network of participating lenders across the state.  With an MCC, the qualified homebuyer is eligible to write off a portion of the annual interest paid on the mortgage as a special tax credit, up to $2,000, each year that they occupy the home as their principal residence.  This credit reduces the federal income taxes of the homebuyer, resulting in an increase in the homebuyer's net earnings.  An increase in net earnings results in the greater homebuyer capacity to qualify for the mortgage loan.  An MCC has the potential of saving the homebuyer thousands of dollars over the life of the loan. For more information on our Mortgage Credit Certificate Program, please click here

 

To become a Lender, click here.