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  1. Home
  2. Lender Guidelines: 2.1 Eligible Borrowers
  • General Questions 6 Articles

    • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
    • Lender FAQ: How to Make a New Reservation
    • What is Down Payment Assistance or DPA?
    • How Do I Know if Down Payment Assistance is Right for Me?
    • How Does TSAHC Help People Buy Homes? FAQs about TSAHC's DPA and MCC Programs.
    • Which Down Payment Assistance Type is Best for Me?
  • Lenders 57 Articles

    • DPA 78 Articles
      • Lender FAQ: Are DACA recipients eligible for TSAHC's programs?
      • Lender Guidelines: 6.2 Lender Compensation
      • Lender Guidelines: 7.2 Reservation, Compliance and Closing Steps
      • Home Buyer FAQ: What is a Targeted Area?
      • Lender Guidelines: 4.4 Targeted Areas
      • Lender Guidelines: 9.5 Reissued MCCs
      • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
      • Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
      • Lender FAQ: How to Pull Loan Documents from the Lender Portal
      • Lender FAQ: How to Upload Compliance Documents in the Lender Portal
      • Lender Guidelines: 4.3 Purchase Price Limitation
      • Lender Guideline: 8.2 Change in Purchase Price
      • Home Buyer FAQ: Who is Eligible for TSAHC’s Homeownership Programs?
      • Lender Guidelines: 2.6 Residency Requirements
      • What is Down Payment Assistance or DPA?
      • How Do I Know if Down Payment Assistance is Right for Me?
      • Home Buyer FAQ: How Do I Apply for TSAHC’s Homeownership Programs?
      • Lender Guidelines: 5.1 General Mortgage Underwriting
      • Home Buyer FAQ: Are there Credit and Debt Requirements?
      • Home Buyer FAQ: Do we have to use a TSAHC approved lender to apply for the assistance?
      • Home Buyer FAQ: What are the Eligibility Requirements for the DPA and MCC Programs?
      • Lender Guidelines: 2.2 Income Limitation
      • Home Buyer FAQ: How Long Does It Take to Buy a Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: Can I Buy a Rental Home or Vacation Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: When Can I Lock My Interest Rate?
      • Home Buyer FAQ: Can I Combine a Mortgage Credit Certificate with TSAHC’s Down Payment Assistance?
      • Lender Guidelines: 2.1 Eligible Borrowers
      • Lender Guidelines: 2.3 First-Time Home Buyer Requirement
      • Lender Guidelines: 2.4 New Mortgage Requirement/No Refinancing
      • Lender Guidelines: 2.5 Principal Residence Requirement
      • Lender Guidelines: 2.7 Home Buyer Education
      • Lender Guidelines: 3.1 Types of Loans
      • Lender Guidelines: 3.2 Purpose of Loan
      • Lender Guidelines: 3.3 Assistance Options - Non-bond DPA (with or without MCC), Bond DPA or MCC Only
      • Lender Guidelines: 3.4 Using Additional Subsidy Programs
      • Lender Guidelines: 3.5 Mortgage Subsidy Recapture Tax
      • Lender Guidelines: 4.1 Eligible Loan Area
      • Lender Guidelines: 4.2 Qualifying Residences and Mortgage Loans
      • Lender Guidelines: 5.2 Cosigners and Non-Occupant Co-Borrowers
      • Lender Guidelines: 6.1 Program Fees
      • Lender Guidelines: 6.3 Fees and Charges on Closing Disclosure
      • Lender Guidelines: 7.1 Lender Portal
      • Lender Guidelines: 7.3 Electronic Submission of Required Documents
      • Lender Guidelines: 8.1 Changes in Current Income
      • Lender Guidelines: 8.3 Changes in Property Address
      • Lender Guidelines: 8.4 Change in Loan Amount
      • Lender Guidelines: 8.5 Lender's Obligation to Notify TSAHC of Material Changes
      • Lender Guidelines: 9.1 Cancellation and Commitment Expirations
      • Lender Guidelines: 9.2 Delinquent Closing Documentation
      • Lender Guidelines: 9.3 Penalties for Borrower Misrepresentation
      • Lender Guidelines: 9.4 Revocations of MCC
      • Lender Guidelines: 9.6 Replacement MCCs
      • Lender Guidelines: 10.1 Lender Record Keeping and Federal Report Filing
      • Lender Guidelines: 10.2 TSAHC Reports
      • Lender Guidelines: Appendix- Income Guidelines for Borrowers Receiving Bond DPA or MCC
      • Home Buyer FAQ: What is the definition of a first-time home buyer?
      • Home Buyer FAQ: How can I compare all TSAHC’s down payment assistance options?
      • Lender FAQ: What is the difference between a tax credit and a tax deduction?
      • Lender/Realtor FAQ: What does someone using the Homes for Texas Heroes Program receive over someone using the Home Sweet Texas Program?
      • Home Buyer FAQ: What Types of Assistance Does TSAHC Offer?
      • Home Buyer FAQ: Do I Have to Pay Back the Down Payment Assistance Provided by TSAHC?
      • Home Buyer FAQ: What are the Qualifications for the Homes for Texas Heroes Home Loan Program?
      • Home Buyer FAQ: Where Can I Buy a Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: How Do I Find an Approved Lender in My Area?
      • Lender Guidelines: 1.1 General Information
      • Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
      • Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: What is the Difference Between Closing Costs and the Required Down Payment?
      • Home Buyer FAQ: What is Mortgage Insurance and When is It Required?
      • Home Buyer FAQ: Is a Gift an Acceptable Source of my Down Payment?
      • Home Buyer FAQ: Will Inquiries about my Credit Affect my Credit Score?
      • Home Buyer FAQ: What Are the Benefits of TSAHC’s Forgivable Second Lien DPA?
      • Home Buyer FAQ: What Is Debt to Income (DTI)?
      • Lender FAQ: My file in the Lender Portal is incomplete – How do I clear conditions/exceptions?
      • Lender/Realtor FAQ: Is the Non-Bond DPA and/or MCC program ‘Homes for Texas Heroes’ or ‘Home Sweet Texas’?
      • Lender/Realtor FAQ: Where can I find marketing materials to advertise myself and TSAHC’s programs?
      • Lender FAQ: How do I take TSAHC's Lender Training?
      • Lender FAQ: How do I sign up to become an approved lender?
    • MCC 77 Articles
      • Lender FAQ: Are DACA recipients eligible for TSAHC's programs?
      • Lender Guidelines: 6.2 Lender Compensation
      • Lender Guidelines: 7.2 Reservation, Compliance and Closing Steps
      • Home Buyer FAQ: What is a Targeted Area?
      • Lender Guidelines: 4.4 Targeted Areas
      • How Do I Obtain a Copy of the Mortgage Credit Certificate?
      • Lender Guidelines: 9.5 Reissued MCCs
      • Home Buyer FAQ: What if I Refinance My Loan? Can I Keep My Mortgage Credit Certificate?
      • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
      • Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
      • Lender FAQ: How to Pull Loan Documents from the Lender Portal
      • Lender FAQ: How to Upload Compliance Documents in the Lender Portal
      • Lender Guidelines: 4.3 Purchase Price Limitation
      • Lender Guideline: 8.2 Change in Purchase Price
      • Home Buyer FAQ: Who is Eligible for TSAHC’s Homeownership Programs?
      • What is the MCC Credit Rate?
      • Lender Guidelines: 2.6 Residency Requirements
      • Home Buyer FAQ: How Do I Apply for a Mortgage Credit Certificate from TSAHC?
      • Home Buyer FAQ: How Do I Apply for TSAHC’s Homeownership Programs?
      • Lender Guidelines: 5.1 General Mortgage Underwriting
      • Home Buyer FAQ: Are there Credit and Debt Requirements?
      • Home Buyer FAQ: Do we have to use a TSAHC approved lender to apply for the assistance?
      • Home Buyer FAQ: I Have a Mortgage Credit Certificate. What Happens if I Sell My Home or Move?
      • Lender Guidelines: 2.2 Income Limitation
      • Home Buyer FAQ: How Long Does It Take to Buy a Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: Can I Buy a Rental Home or Vacation Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: Can I Combine a Mortgage Credit Certificate with TSAHC’s Down Payment Assistance?
      • Home Buyer FAQ: What if My Income Increases? Am I still Eligible for a Mortgage Credit Certificate?
      • Lender Guidelines: 2.1 Eligible Borrowers
      • Lender Guidelines: 2.3 First-Time Home Buyer Requirement
      • Lender Guidelines: 2.4 New Mortgage Requirement/No Refinancing
      • Lender Guidelines: 2.5 Principal Residence Requirement
      • Lender Guidelines: 2.7 Home Buyer Education
      • Lender Guidelines: 3.1 Types of Loans
      • Lender Guidelines: 3.2 Purpose of Loan
      • Lender Guidelines: 3.3 Assistance Options - Non-bond DPA (with or without MCC), Bond DPA or MCC Only
      • Lender Guidelines: 3.4 Using Additional Subsidy Programs
      • Lender Guidelines: 3.5 Mortgage Subsidy Recapture Tax
      • Lender Guidelines: 4.1 Eligible Loan Area
      • Lender Guidelines: 4.2 Qualifying Residences and Mortgage Loans
      • Lender Guidelines: 5.2 Cosigners and Non-Occupant Co-Borrowers
      • Lender Guidelines: 6.1 Program Fees
      • Lender Guidelines: 6.3 Fees and Charges on Closing Disclosure
      • Lender Guidelines: 7.1 Lender Portal
      • Lender Guidelines: 7.3 Electronic Submission of Required Documents
      • Lender Guidelines: 8.1 Changes in Current Income
      • Lender Guidelines: 8.3 Changes in Property Address
      • Lender Guidelines: 8.4 Change in Loan Amount
      • Lender Guidelines: 8.5 Lender's Obligation to Notify TSAHC of Material Changes
      • Lender Guidelines: 9.1 Cancellation and Commitment Expirations
      • Lender Guidelines: 9.2 Delinquent Closing Documentation
      • Lender Guidelines: 9.3 Penalties for Borrower Misrepresentation
      • Lender Guidelines: 9.4 Revocations of MCC
      • Lender Guidelines: 9.6 Replacement MCCs
      • Lender Guidelines: 10.1 Lender Record Keeping and Federal Report Filing
      • Lender Guidelines: 10.2 TSAHC Reports
      • Lender Guidelines: Appendix- Income Guidelines for Borrowers Receiving Bond DPA or MCC
      • Home Buyer FAQ: What is the definition of a first-time home buyer?
      • Home Buyer FAQ: How can I compare all TSAHC’s down payment assistance options?
      • Lender FAQ: What is the difference between a tax credit and a tax deduction?
      • Lender/Realtor FAQ: What does someone using the Homes for Texas Heroes Program receive over someone using the Home Sweet Texas Program?
      • Home Buyer FAQ: What Types of Assistance Does TSAHC Offer?
      • Home Buyer FAQ: What are the Qualifications for the Homes for Texas Heroes Home Loan Program?
      • Home Buyer FAQ: Where Can I Buy a Home Using TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: How Do I Find an Approved Lender in My Area?
      • Lender Guidelines: 1.1 General Information
      • Home Buyer FAQ: What is a Mortgage Credit Certificate?
      • Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
      • Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?
      • Home Buyer FAQ: Will Inquiries about my Credit Affect my Credit Score?
      • Home Buyer FAQ: If I Have a Mortgage Credit Certificate, Can I Still Take the Mortgage Interest Tax Deduction on My Tax Return?
      • Home Buyer FAQ: How Will My Income Be Calculated to Determine My Eligibility for a Mortgage Credit Certificate?
      • Lender FAQ: My file in the Lender Portal is incomplete – How do I clear conditions/exceptions?
      • Lender/Realtor FAQ: Is the Non-Bond DPA and/or MCC program ‘Homes for Texas Heroes’ or ‘Home Sweet Texas’?
      • Lender/Realtor FAQ: Where can I find marketing materials to advertise myself and TSAHC’s programs?
      • Lender FAQ: How do I take TSAHC's Lender Training?
      • Lender FAQ: How do I sign up to become an approved lender?
    • Guidelines 41 Articles
      • Lender Guidelines: 6.2 Lender Compensation
      • Lender Guidelines: 7.2 Reservation, Compliance and Closing Steps
      • Lender Guidelines: 4.4 Targeted Areas
      • Lender Guidelines: 9.5 Reissued MCCs
      • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
      • Lender FAQ: How to Pull Loan Documents from the Lender Portal
      • Lender Guidelines: 4.3 Purchase Price Limitation
      • Lender Guideline: 8.2 Change in Purchase Price
      • Lender Guidelines: 2.6 Residency Requirements
      • Lender Guidelines: 5.1 General Mortgage Underwriting
      • Lender Guidelines: 2.2 Income Limitation
      • Lender Guidelines: 2.1 Eligible Borrowers
      • Lender Guidelines: 2.3 First-Time Home Buyer Requirement
      • Lender Guidelines: 2.4 New Mortgage Requirement/No Refinancing
      • Lender Guidelines: 2.5 Principal Residence Requirement
      • Lender Guidelines: 2.7 Home Buyer Education
      • Lender Guidelines: 3.1 Types of Loans
      • Lender Guidelines: 3.2 Purpose of Loan
      • Lender Guidelines: 3.3 Assistance Options - Non-bond DPA (with or without MCC), Bond DPA or MCC Only
      • Lender Guidelines: 3.4 Using Additional Subsidy Programs
      • Lender Guidelines: 3.5 Mortgage Subsidy Recapture Tax
      • Lender Guidelines: 4.1 Eligible Loan Area
      • Lender Guidelines: 4.2 Qualifying Residences and Mortgage Loans
      • Lender Guidelines: 5.2 Cosigners and Non-Occupant Co-Borrowers
      • Lender Guidelines: 6.1 Program Fees
      • Lender Guidelines: 6.3 Fees and Charges on Closing Disclosure
      • Lender Guidelines: 7.1 Lender Portal
      • Lender Guidelines: 7.3 Electronic Submission of Required Documents
      • Lender Guidelines: 8.1 Changes in Current Income
      • Lender Guidelines: 8.3 Changes in Property Address
      • Lender Guidelines: 8.4 Change in Loan Amount
      • Lender Guidelines: 8.5 Lender's Obligation to Notify TSAHC of Material Changes
      • Lender Guidelines: 9.1 Cancellation and Commitment Expirations
      • Lender Guidelines: 9.2 Delinquent Closing Documentation
      • Lender Guidelines: 9.3 Penalties for Borrower Misrepresentation
      • Lender Guidelines: 9.4 Revocations of MCC
      • Lender Guidelines: 9.6 Replacement MCCs
      • Lender Guidelines: 10.1 Lender Record Keeping and Federal Report Filing
      • Lender Guidelines: 10.2 TSAHC Reports
      • Lender Guidelines: Appendix- Income Guidelines for Borrowers Receiving Bond DPA or MCC
      • Lender Guidelines: 1.1 General Information
    • Home Buyer Education 6 Articles
      • Lender Guidelines: 2.7 Home Buyer Education
      • Home Buyer FAQ: Am I Ready to Buy a Home?
      • Home Buyer FAQ: What is the Difference Between Closing Costs and the Required Down Payment?
      • Home Buyer FAQ: What is Mortgage Insurance and When is It Required?
      • Home Buyer FAQ: Will Inquiries about my Credit Affect my Credit Score?
      • Home Buyer FAQ: What Is Debt to Income (DTI)?
    • Lender Training 6 Articles
      • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
      • Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
      • Lender FAQ: How to Pull Loan Documents from the Lender Portal
      • Lender FAQ: How to Upload Compliance Documents in the Lender Portal
      • Lender FAQ: How Do I Check my Loan Status in the Lender Portal?
      • Lender FAQ: How do I take TSAHC's Lender Training?
    • Lender Portal 6 Articles
      • Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
      • Lender FAQ: How to Pull Loan Documents from the Lender Portal
      • Lender FAQ: How to Upload Compliance Documents in the Lender Portal
      • Lender FAQ: How Do I Check my Loan Status in the Lender Portal?
      • Lender FAQ: How to Make a New Reservation
      • Lender FAQ: How do I get updated or new login credentials to the Lender Portal?
    • Lender FAQ: Are DACA recipients eligible for TSAHC's programs?
    • Lender Guidelines: 6.2 Lender Compensation
    • Lender Guidelines: 7.2 Reservation, Compliance and Closing Steps
    • Lender Guidelines: 4.4 Targeted Areas
    • Lender Guidelines: 9.5 Reissued MCCs
    • Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
    • Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
    • Lender FAQ: How to Pull Loan Documents from the Lender Portal
    • Lender FAQ: How to Upload Compliance Documents in the Lender Portal
    • Lender FAQ: How Do I Check my Loan Status in the Lender Portal?
    • Lender FAQ: How to Make a New Reservation
    • Lender Guidelines: 4.3 Purchase Price Limitation
    • Lender Guideline: 8.2 Change in Purchase Price
    • Lender Guidelines: 2.6 Residency Requirements
    • What is Down Payment Assistance or DPA?
    • How Do I Know if Down Payment Assistance is Right for Me?
    • How Does TSAHC Help People Buy Homes? FAQs about TSAHC's DPA and MCC Programs.
    • Lender Guidelines: 5.1 General Mortgage Underwriting
    • Lender Guidelines: 2.2 Income Limitation
    • Lender Guidelines: 2.1 Eligible Borrowers
    • Lender Guidelines: 2.3 First-Time Home Buyer Requirement
    • Lender Guidelines: 2.4 New Mortgage Requirement/No Refinancing
    • Lender Guidelines: 2.7 Home Buyer Education
    • Lender Guidelines: 3.1 Types of Loans
    • Lender Guidelines: 3.3 Assistance Options - Non-bond DPA (with or without MCC), Bond DPA or MCC Only
    • Lender Guidelines: 3.4 Using Additional Subsidy Programs
    • Lender Guidelines: 3.5 Mortgage Subsidy Recapture Tax
    • Lender Guidelines: 4.1 Eligible Loan Area
    • Lender Guidelines: 4.2 Qualifying Residences and Mortgage Loans
    • Lender Guidelines: 5.2 Cosigners and Non-Occupant Co-Borrowers
    • Lender Guidelines: 6.1 Program Fees
    • Lender Guidelines: 6.3 Fees and Charges on Closing Disclosure
    • Lender Guidelines: 7.1 Lender Portal
    • Lender Guidelines: 7.3 Electronic Submission of Required Documents
    • Lender Guidelines: 8.1 Changes in Current Income
    • Lender Guidelines: 8.3 Changes in Property Address
    • Lender Guidelines: 8.4 Change in Loan Amount
    • Lender Guidelines: 8.5 Lender's Obligation to Notify TSAHC of Material Changes
    • Lender Guidelines: 9.1 Cancellation and Commitment Expirations
    • Lender Guidelines: 9.2 Delinquent Closing Documentation
    • Lender Guidelines: 9.3 Penalties for Borrower Misrepresentation
    • Lender Guidelines: 9.4 Revocations of MCC
    • Lender Guidelines: 9.6 Replacement MCCs
    • Lender Guidelines: 10.2 TSAHC Reports
    • Lender Guidelines: Appendix- Income Guidelines for Borrowers Receiving Bond DPA or MCC
    • Home Buyer FAQ: What is the definition of a first-time home buyer?
    • Home Buyer FAQ: How can I compare all TSAHC’s down payment assistance options?
    • Lender FAQ: What is the difference between a tax credit and a tax deduction?
    • Lender/Realtor FAQ: What does someone using the Homes for Texas Heroes Program receive over someone using the Home Sweet Texas Program?
    • Lender Guidelines: 1.1 General Information
    • Home Buyer FAQ: What is the Difference Between Closing Costs and the Required Down Payment?
    • Lender FAQ: My file in the Lender Portal is incomplete – How do I clear conditions/exceptions?
    • Lender/Realtor FAQ: Is the Non-Bond DPA and/or MCC program ‘Homes for Texas Heroes’ or ‘Home Sweet Texas’?
    • Lender/Realtor FAQ: Where can I find marketing materials to advertise myself and TSAHC’s programs?
    • Lender FAQ: How do I get updated or new login credentials to the Lender Portal?
    • Lender FAQ: How do I take TSAHC's Lender Training?
    • Lender FAQ: How do I sign up to become an approved lender?
  • REALTORS 38 Articles

    • Lender FAQ: Are DACA recipients eligible for TSAHC's programs?
    • Home Buyer FAQ: What is a Targeted Area?
    • How Do I Obtain a Copy of the Mortgage Credit Certificate?
    • Home Buyer FAQ: What if I Refinance My Loan? Can I Keep My Mortgage Credit Certificate?
    • Home Buyer FAQ: Who is Eligible for TSAHC’s Homeownership Programs?
    • What is Down Payment Assistance or DPA?
    • How Do I Know if Down Payment Assistance is Right for Me?
    • Home Buyer FAQ: How Do I Apply for a Mortgage Credit Certificate from TSAHC?
    • How Does TSAHC Help People Buy Homes? FAQs about TSAHC's DPA and MCC Programs.
    • Which Down Payment Assistance Type is Best for Me?
    • Home Buyer FAQ: How Do I Apply for TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Are there Credit and Debt Requirements?
    • Home Buyer FAQ: Do we have to use a TSAHC approved lender to apply for the assistance?
    • Home Buyer FAQ: What are the Eligibility Requirements for the DPA and MCC Programs?
    • Home Buyer FAQ: I Have a Mortgage Credit Certificate. What Happens if I Sell My Home or Move?
    • Home Buyer FAQ: How Long Does It Take to Buy a Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Can I Buy a Rental Home or Vacation Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: When Can I Lock My Interest Rate?
    • Home Buyer FAQ: Can I Combine a Mortgage Credit Certificate with TSAHC’s Down Payment Assistance?
    • Home Buyer FAQ: What if My Income Increases? Am I still Eligible for a Mortgage Credit Certificate?
    • Home Buyer FAQ: What is the definition of a first-time home buyer?
    • Home Buyer FAQ: How can I compare all TSAHC’s down payment assistance options?
    • Lender/Realtor FAQ: What does someone using the Homes for Texas Heroes Program receive over someone using the Home Sweet Texas Program?
    • Home Buyer FAQ: What Types of Assistance Does TSAHC Offer?
    • Home Buyer FAQ: Do I Have to Pay Back the Down Payment Assistance Provided by TSAHC?
    • Home Buyer FAQ: What are the Qualifications for the Homes for Texas Heroes Home Loan Program?
    • Home Buyer FAQ: Where Can I Buy a Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: How Do I Find a Home Buyer Education Course?
    • Home Buyer FAQ: How Do I Find an Approved Lender in My Area?
    • Home Buyer FAQ: What is a Mortgage Credit Certificate?
    • Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
    • Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Is a Gift an Acceptable Source of my Down Payment?
    • Home Buyer FAQ: What Are the Benefits of TSAHC’s Forgivable Second Lien DPA?
    • Home Buyer FAQ: If I Have a Mortgage Credit Certificate, Can I Still Take the Mortgage Interest Tax Deduction on My Tax Return?
    • Home Buyer FAQ: How Will My Income Be Calculated to Determine My Eligibility for a Mortgage Credit Certificate?
    • Home Buyer FAQ: What are the Income Requirements?
    • Lender/Realtor FAQ: Where can I find marketing materials to advertise myself and TSAHC’s programs?
  • Home Buyers 42 Articles

    • Lender FAQ: Are DACA recipients eligible for TSAHC's programs?
    • Home Buyer FAQ: What is a Targeted Area?
    • How Do I Obtain a Copy of the Mortgage Credit Certificate?
    • Home Buyer FAQ: What if I Refinance My Loan? Can I Keep My Mortgage Credit Certificate?
    • Home Buyer FAQ: Who is Eligible for TSAHC’s Homeownership Programs?
    • What is Down Payment Assistance or DPA?
    • How Do I Know if Down Payment Assistance is Right for Me?
    • Home Buyer FAQ: How Do I Apply for a Mortgage Credit Certificate from TSAHC?
    • How Does TSAHC Help People Buy Homes? FAQs about TSAHC's DPA and MCC Programs.
    • Which Down Payment Assistance Type is Best for Me?
    • Home Buyer FAQ: How Do I Apply for TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Are there Credit and Debt Requirements?
    • Home Buyer FAQ: Can you apply for TSAHC's DPA and MCC programs even if you are out of state (or just moved to Texas)?
    • Home Buyer FAQ: Do we have to use a TSAHC approved lender to apply for the assistance?
    • Home Buyer FAQ: What are the Eligibility Requirements for the DPA and MCC Programs?
    • Home Buyer FAQ: I Have a Mortgage Credit Certificate. What Happens if I Sell My Home or Move?
    • Home Buyer FAQ: How Long Does It Take to Buy a Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Can I Buy a Rental Home or Vacation Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: When Can I Lock My Interest Rate?
    • Home Buyer FAQ: Can I Combine a Mortgage Credit Certificate with TSAHC’s Down Payment Assistance?
    • Home Buyer FAQ: What if My Income Increases? Am I still Eligible for a Mortgage Credit Certificate?
    • Home Buyer FAQ: How can I compare all TSAHC’s down payment assistance options?
    • Lender/Realtor FAQ: What does someone using the Homes for Texas Heroes Program receive over someone using the Home Sweet Texas Program?
    • Home Buyer FAQ: What Types of Assistance Does TSAHC Offer?
    • Home Buyer FAQ: Do I Have to Pay Back the Down Payment Assistance Provided by TSAHC?
    • Home Buyer FAQ: What are the Qualifications for the Homes for Texas Heroes Home Loan Program?
    • Home Buyer FAQ: Where Can I Buy a Home Using TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: Am I Ready to Buy a Home?
    • Home Buyer FAQ: How Do I Find a Home Buyer Education Course?
    • Home Buyer FAQ: How Do I Find an Approved Lender in My Area?
    • Home Buyer FAQ: What is a Mortgage Credit Certificate?
    • Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
    • Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?
    • Home Buyer FAQ: What is the Difference Between Closing Costs and the Required Down Payment?
    • Home Buyer FAQ: What is Mortgage Insurance and When is It Required?
    • Home Buyer FAQ: Is a Gift an Acceptable Source of my Down Payment?
    • Home Buyer FAQ: Will Inquiries about my Credit Affect my Credit Score?
    • Home Buyer FAQ: What Are the Benefits of TSAHC’s Forgivable Second Lien DPA?
    • Home Buyer FAQ: If I Have a Mortgage Credit Certificate, Can I Still Take the Mortgage Interest Tax Deduction on My Tax Return?
    • Home Buyer FAQ: What Is Debt to Income (DTI)?
    • Home Buyer FAQ: How Will My Income Be Calculated to Determine My Eligibility for a Mortgage Credit Certificate?
    • Home Buyer FAQ: What are the Income Requirements?

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Lender Guidelines: 2.1 Eligible Borrowers

  • Date updated 2020-12-07
  • Categories
  • Lenders
  • DPA
  • MCC
  • Guidelines
  • Tags
  • Homes for Texas Heroes
  • Home Sweet Texas
  • corrections officer
  • county jailer
  • Allied Health
  • fire fighter
  • peace officer
  • teacher aide

Lender Guidelines: 2.1 Eligible Borrowers

A “Home Sweet Texas” eligible borrower is a person who at the time of loan application and loan closing has income no greater than the applicable maximum income for the Home Sweet Texas Program found on TSAHC’s website at www.tsahc.org or the Lender Portal at www.tsm-online.org.

 

A “Texas Hero” eligible borrower is a person who at the time of loan application and loan closing (i) has income no greater than the applicable maximum income for the Homes for Texas Heroes Program found on TSAHC’s website at www.tsahc.org or the Lender Portal at www.tsm-online.org, and (ii) is employed full-time as a(n):

 

Allied Health Faculty Member – a full-time member of the faculty of an undergraduate or graduate allied health program of a public or private institution of higher education in the state.

Corrections Officer – a full-time employee of the Texas Department of Criminal Justice (TDCJ) who receives hazardous duty pay.

County Jailer – a person employed full-time as a county jail guard under Section 85.005, Local Government Code. County jailers are licensed through the Texas Commission on Law Enforcement (TCOLE).

Emergency Medical Services Personnel (EMS) – per Section 773.003, Health and Safety Code, emergency medical services personnel are full-time:

• emergency care attendants;

• emergency medical technicians;

• emergency medical technicians-intermediate;

• emergency medical technicians-paramedic; or

• licensed paramedics.

Fire Fighter – a member of a fire department who performs a function listed in Section 419.021(3)(c), Government Code. Permanent, full-time fire department employees who are not secretaries, stenographers, clerks, budget analysts, or similar support staff persons or other administrative employees and who are assigned duties in one or more of the following categories:

• fire suppression;

• fire inspection;

• fire and arson investigation;

• marine firefighting;

• aircraft rescue and firefighting;

• fire training;

• fire education;

• fire administration; and

• any other position necessarily or customarily related to fire prevention or suppression.

Juvenile Corrections Officer – a full-time employee of the Texas Juvenile Justice Department (TJJD) who receives hazardous duty pay. Juvenile corrections officers must have a VOE through TJJD.

Nursing Faculty Member (professor)– a full-time member of the faculty of either an undergraduate or graduate professional nursing program.

Peace Officer – a person elected, employed, or appointed as a full-time peace officer under Article 2.12, Code of Criminal Procedure; Section 51.212 or 51.214, Education Code; or other law. Peace officers are licensed through the Texas Commission on Law Enforcement (TCOLE).

Professional Educator – a full-time, public K-12:

• classroom teacher,

• teacher aide,

• school librarian,

• school counselor, or

• school nurse.

Public Security Officer - a person employed or appointed full-time as an armed security officer by this state or a political subdivision of this state. The term does not include a security officer employed by a private security company that contracts with this state or a political subdivision of this state to provide security services for the entity. Public security officers are licensed through the Texas Commission on Law Enforcement (TCOLE).

Veteran – a person who: (A) is serving on active duty, at the time of application, assigned to a military base or facility in Texas, and has officially designated Texas as the applicant’s home of record. (note: this definition of “Veteran” is different from the definition of “Qualified Veteran” (see section 2.3 below) used to determine if the first-time home buyer requirement can be waived for Bond DPA or an MCC); or (B) meets each of the following 3 requirements:

(1) meets at least one of the following:

 

(i) served not less than 90 days, unless sooner discharged by reason of a service-connected disability, on active duty in the Army, Navy, Air Force, Coast Guard, United States Public Health Service (as constituted under 42 U.S.C. Section 201 et seq.), or Marine Corps of the United States after September 16, 1940, and who on the date of filing an application under the program has not been dishonorably discharged from the branch of the service in which the person served; or

 

(ii) has at least 20 years of active or reserve military service as computed when determining the person's eligibility to receive retired pay under applicable federal law; or

 

(iii) has enlisted or received an appointment in the Texas National Guard, who has completed all initial active duty training required as a condition of the enlistment or appointment, and who on the date of filing the person's application has not been dishonorably discharged from the Texas National Guard; or

 

(iv) served in the armed forces of the Republic of Vietnam between February 28, 1961 and May 7, 1975; (2) at the time of the person's enlistment, induction, commissioning, appointment, or drafting was a bona fide resident of this state or has resided in this state at least one year immediately before the date of filing an application under this chapter; and (3) at the time of the person's application under this chapter is a bona fide resident of this state. The term includes the unmarried surviving spouse of a veteran who died or who is identified as missing in action if the deceased or missing veteran meets the requirements of this section, with the exception that the deceased or missing veteran need not have served 90 days under Paragraph (A)(i) of this subdivision, and if the deceased or missing veteran was a bona fide resident of this state at the time of enlistment, induction, commissioning, appointment, or drafting.

 

For access to the full TSAHC DPA & MCC Guidelines, please click here.

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