Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
Home Buyer FAQ: What Are TSAHC’s Homeownership Program Fees?
The following fees apply to TSAHC's Homeownership Programs:
- $250 Funding Fee (Down Payment Assistance (DPA) Programs only)
- $75 Tax Service Fee (DPA Programs only)
- $10 Flood Transfer Fee (DPA Programs only)
- $200 Compliance Review Fee (DPA and Mortgage Credit Certificate (MCC) Programs)
- $500 MCC Issuance fee (MCC Program only) – Please note that “Texas Hero” borrowers using our DPA and MCC programs together will receive a FREE MCC!
Lenders may collect other reasonable and customary fees and closing costs, provided all fees are fully disclosed in accordance with federal, state and local regulations.