TRANSLATE
Skip to site map | Skip navigation TDHCA Home | Contact TDHCA | About TDHCA | Calendar | Press Room | Employment
TDHCANew Low Rates
HomeBuyersRealtorsLendersAvailable FundsOther Homeownership Programs

 

Get Acrobat Reader
Free software to view PDF files

Types of loans available through My First Texas Home:

The following loans qualify for My First Texas Home

  • FHA
  • VA
  • USDA/RD/RHS
  • Conventional (Fannie Mae HFA Preferred)

Fees / Points Lender May Charge Borrower / Seller:

  • Origination Fee: vary per loan/rate option; may be up to 2% if applicable (collected by lender). Visit the "Available Funds" page for current rates.
  • Application Fee: program fees listed below (Master Servicer/Tax Compliance Agent fees) may be charged to the borrower as an Application Fee. This fee does not include the Tax Service Fee.
  • Other Closing Cost: in accordance with agency policies; must be fully disclosed on HUD-1
  • For Fannie Mae HFA Preferred only:  No Loan Level Price Adjustment; .25 bps Adverse Market Delivery Fee.

Fees to Master Servicer/Tax Compliance Agent from Lender:

  • Compliance Fee: $225 ($275 for Combo w/MCC loan) – fee submitted to Tax Compliance Agent with Compliance File
  • Funding Fee: $150 (Master Servicer nets at purchase)
  • Tax Service Fee: $85 (Master Servicer nets at purchase)
  • Any other fees required by Master Servicer.

 

 

 


Help us improve.
Complete a survey.
(Opens a new window)

 

  Site Policies   Equal Housing   Top of Page