Lender FAQ: How to Interpret TSAHC Program Income and Purchase Price Limits
Watch this short video to learn how to use our income/purchase price limits chart to determine eligibility for your [...]
Lender FAQ: How to Access and Run TSAHC Program Reports for Loans in your Pipeline
Watch this short video to learn how to pull reports on TSAHC files in your [...]
What is the MCC Credit Rate?
MCC: With an MCC, the qualified home buyer is eligible to apply a portion of the annual interest paid on the mortgage as a federal tax credit, during each year that the mortgagors occupy the home as their principal residence. The portion or amount of the tax credit is equal to the mortgage credit rate on the MCC (20%) multiplied by the annual interest paid. This credit reduces the federal [...]
How Does TSAHC Help People Buy Homes? FAQs About TSAHC's DPA and MCC Programs.
What is Down Payment Assistance or DPA?
Common Types of [...]