Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?

Home Buyer FAQ: What Type of Home Can I Buy with TSAHC’s Homeownership Programs?

You may purchase the following property types if using TSAHC Down Payment Assistance (DPA) alone, OR combining TSAHC’s DPA with a Mortgage Credit Certificate.

 

FHA/USDA/VA Loans-

  • New or existing homes
  • Unit in a condo, townhome, or PUD
  • An entire duplex, triplex, or fourplex (one unit must be owner-occupied)
  • Manufactured homes (FHA/USDA only)

 

Conventional Loan-

  • New or existing homes
  • Unit in a condo, townhome or PUD
  • An entire duplex, triplex, or fourplex (must put down 5% or more and one unit must be owner-occupied)

I

f using the Mortgage Credit Certificate (MCC) Program alone, you may purchase the following property types:

  • New or existing homes
  • Unit in a condo, townhome, or PUD
  • An entire duplex, triplex, or fourplex (one unit must be owner-occupied)

 

 

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