Texas Department of Housing & Community Affairs - Building Homes and Strengthening Communities

TDHCA Offering $100 Million in Low Interest Home Loans

It's official: Texas' lowest home loan interest rates can only be found at TDHCA. The Department is offering $100 million in funds to first time homebuyers at a very low rate of 4.99 percent for a 30-year, fixed-rate mortgage loan.

These funds are available through TDHCA's Texas First Time Homebuyer Program, which offers low to moderate income Texans an opportunity to purchase a home at an interest rate unmatched anywhere in the state.

Eligibility for loans funded by the Texas First Time Homebuyer Program is determined by a variety of factors, with income and first time homebuyer status being the most critical. Interested Texans may contact a participating lender to apply or go to www.myfirsttexashome.com to search for a participating lender or to learn more about eligibility requirements and program guidelines.