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April is Fair Housing Month! Brush up on your Fair Housing know-how. A great place to start is TDHCAs Fair Housing 101 page.

Where Texas’ best interest rates call home.

Begin a lifetime of homeownership through My First Texas Home. This program allows qualified Texans access to competitive interest rate home loans and down payment and closing cost assistance. Homebuyers who meet the following minimum requirements are eligible to apply for a loan under the program:

  • First time homebuyer or a homebuyer who has not owned a home as primary residence within the past three years;
  • Homebuyer(s) income does not exceed program's income limit guidelines
  • Purchase price of home does not exceed program's purchase price limit guidelines
  • Credit Score/DTI Requirements
    • Government Loans (FHA, VA, USDA):
      • Minimum 640;
      • Max DTI - 45%
    • FNMA HFA Preferred Loans:
      • Minimum 640 for LTVs 95% or lower;
      • Minimum 680 for LTVs 95.01-97%
      • Max DTI - 45%

It's a fast, simple process - follow the links below or contact a qualified lender to find out more.

My First Texas Home also provides down-payment/closing cost assistance to eligible homebuyers.

To verify the area median family income (AMFI) figure for your area of the state, please check the Maximum Income and Purchase Price Limits Table (PDF). To determine if downpayment assistance funds are available, please visit the Available Funds page.

If you are a current homeowner concerned about foreclosure, visit Foreclosure Prevention for helpful resources.

Visit Related Programs for information on other Homebuyer Programs offered by the Texas Department of Housing and Community Affairs.

 

 

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