September 3, 2022
Homes in Texas
The Homes for Texas Heroes and Home Sweet Texas Home Loan Programs are available for teachers, fire fighters, police and correctional officers, veterans, and low and moderate-income homebuyers.
Welcome Video:
This short video will briefly explain our home buying assistance options and how they can help you become a homeowner.
These loans and home down payment assistance programs are available anywhere in Texas through a network of lenders and provide the following benefits:
- A 30-year fixed interest rate mortgage loan
- Down payment assistance % is based on the total mortgage loan amount
- No upfront points or fees are taken out of the down payment assistance
- You do not have to be a first-time homebuyer
- You do not need to live in the home for any set period of time
- The down payment assistance is a gift that never needs to be repaid.
Today's Interest Rates:
Loan Type &
Mortgage Interest Rate |
2% Grant for
Down Payment |
3% Grant for
Down Payment |
4% Grant for
Down Payment |
5% Grant for
Down Payment |
---|---|---|---|---|
FHA*
w/ FICO score 640-659 |
4.500% | 5.000% | N/A | |
FHA*
w/ FICO score 660+ |
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VA
w/ FICO score 640+ |
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USDA**
w/FICO score 640+ |
N/A |
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HFA Preferred Conventional
w/FICO score 640+ |
5.250% | 5.500% |
Minimum credit score and debt-to-income requirements must be met.
*Home buyers receiving FHA loans that must be manually underwritten will receive the same interest rate, but the DPA grant amount will be 1% less than what is listed above.