– Available thru TSAHC (Texas State Affordable Housing Corporation) http://www.tsahc.org/
– You can choose to use a 3%, 4%, or 5% grant for your home. The rate increases slightly the higher the grant you take.
– There are no debt to income requirements now. If we can get a automated approval with Fannie or Freddie you are eligible with the program.
-You will need a 620 credit score or higher to be eligible for the program.
-You can take advantage of the MCC program and 3-5% grant at the same time
-This is a true grant so you don’t have to pay it back when you sell or refinance.
-This program is only eligible for your primary residence.
Amcap Mortgage, Ltd.
4501 Spicewood Springs, #1050
Austin, TX 78759
Email: [email protected]
Equal Housing Lender