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Find out if you qualify to be a My First Texas Home lender:

Correspondent Lenders

To be accepted into My First Texas Home, qualified lenders must:

  • be either:
    • a Federal Housing Administration (“FHA”)
      approved;
    • an eligible lender in good standing for Veteran’s Administration (“VA”); or
    • an eligible lender in good standing for Rural Housing Service’s (“RHS”) guaranteed rural housing loan program;
    • a lender currently participating in the conventional home lending market for loans originated in accordance with Fannie Mae or Freddie Mac guidelines.
  • agree to originate mortgage and assign mortgage and servicing to the Master Servicer
  • originate, process, underwrite, close and fund originated loans in your own name
  • must be approved/active Seller/Servicer with programs Master Servicer, US Bank, N.A.

Lenders interested in participation should visit the Lender Program Documents page for more information.

 

 

 


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*30-year fixed annual percentage rate loan with 5% down payment on a $120,000 loan. Effective 01/15/14. Offer may terminate at any time without notice. Rate and annual percentage rate (APR) calculated on a 365 day year with mandated closing costs (2% origination and $400 program related fees). Rates/APRs subject to change with changes in closing costs. Properties and applicants must qualify. Other restrictions may apply. 221 E. 11th Street, Austin, Texas 78701, 800-792-1119.

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