If you're a low or moderate-income Texan dreaming of owning a home, you're in the right place.
This program offers down payment and closing cost assistance of up to 5% of the mortgage loan amount, with no first-time buyer requirement.
Check Your Home Purchase EligibilityThe Home Sweet Texas Home Loan Program is here to help you buy a home. It provides mortgage loans and funding for your down payment.
Assistance is available as a grant at select levels or as a zero-interest, three-year deferred forgivable second lien in amounts from 2% through 5%.
Essentially, if you’re eligible, you get free money to help you buy a home.
The program offers up to 5% of the mortgage loan amount for down payment and closing costs. A $500,000 total mortgage loan amount can support assistance up to $25,000.
Unlike the Homes for Texas Heroes Program, this program doesn’t have profession-specific requirements. As long as you meet the credit score, income, and location criteria, you can be eligible.
Credit Score: Government financing requires at least 620; conventional financing requires at least 640.
Income Limits: Your income must meet the limits set for your county by the Texas State Affordable Housing Corporation (TSAHC).
Home Purchase: The property must be your primary residence and located in Texas.
lender: You must use a participating lender, like MakeTexasYourHome.
Ready to start your journey to homeownership? Follow these simple steps.
Contact MakeTexasYourHome to initiate your online application. Our team will guide you through the initial steps and answer any questions.
Prepare necessary documentation like proof of employment, income statements, and other relevant paperwork.
Fill out and submit your application along with the required documents. Double-check all information for accuracy.
Work with our mortgage specialists to get pre-approved for your home loan. This step helps you understand how much you can afford and streamlines the process.
At closing, access up to 5% of the mortgage loan amount through an available grant or three-year deferred forgivable second-lien option.
Congratulations! You’re now ready to move into your new home and enjoy the benefits of the Home Sweet Texas Home Loan Program.
The Home Sweet Texas Home Loan Program is designed to help low and moderate-income Texans achieve homeownership. It offers mortgage loans and down payment assistance to eligible homebuyers.
The program offers up to 5% of the mortgage loan amount to help cover your down payment and closing costs.
Available structures include grants at select levels and zero-interest, three-year deferred forgivable second liens from 2% through 5%.
Yes. Limits vary by county and product; No-DPA and DPA-only products may allow qualifying income up to 150% of area median income.
There is no minimum down payment required if you use the full 5% assistance offered by the program. However, some lenders may have their own minimum down payment requirements.
Absolutely! The Home Sweet Texas program is open to both first-time homebuyers and repeat buyers.
An eligible Home Sweet Texas loan may include TSAHC's 15% Mortgage Credit Certificate. A stand-alone TSAHC MCC is not available.
