Help for Texans
- If you or someone you know is in need of assistance, please visit our Help for Texans page.
My First Texas Home – TMP 79 DPA PLUS
TDHCA is pleased to kick off the New Year and 2015 with the announcement of an additional down payment assistance option. Effective Tuesday January 6th, mortgage loans originated under the TMP-79 program will provide the borrower with a 30-year fixed interest rate mortgage loan and assistance, at the option of the homebuyer, in an amount equal to 5% of the mortgage loan or $8,000. The new $8,000 down payment assistance option is being made available for those borrowers purchasing lower priced homes that need additional financial assistance in order to make homeownership a reality. To learn more about the program and eligibility requirements, select the Buyers tab or contact one of our participating lenders. To see all rate and assistance options available, visit the Available Funds page.
My First Texas Home
My First Texas Home’s "Taxable Mortgage Program" (TMP-79) offers more competitive fixed interest and annual percentage rates while providing down payment and closing cost assistance of 5 percent of the mortgage loan.
Plus, TMP funds can be combined with the Department’s Mortgage Credit Certificate Program, further increasing the home’s affordability. The program features a number of other benefits homebuyers will find attractive; however, current eligibility guidelines still apply.
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
All of this is available from the state agency synonymous with responsible homeownership. Beginning with its predecessor, the Texas Housing Agency, TDHCA has a long track record as a safe, trustworthy source of homebuyer assistance with 32 years of experience and expertise in working with low to moderate income first time homebuyers.
To learn more about TDHCA’s TMP, its many benefits or to find a participating lender near you, please visit My First Texas Home or call toll-free 800-792-1119.
For current available program funds please visit the Available Funds page.
Learn more and apply through any of our participating lenders for a My First Texas Home 30-year fixed annual percentage rate mortgage loan, and downpayment and closing cost assistance.