On December 30, 2009, the Texas State Affordable Housing Corportation (TSAHC) announced the availability of up to $122 million for two mortgage loan programs for first time home buyers. The program offers a 30-year fixed rate mortgage loan at 5.25% plus downpayment and closing cost assistance (up to 3% of the mortgage loan amount) in the form of a grant to eligible homebuyers.
The two mortgage loan programs are Professional Educators or Texas Hero. The professional educators include full time Classroom Teachers, Teachers Aide, School Librarian, School Nurse or School Counselor employed by a public school district in the state of Texas. Also included are full time faculty members of either an undergraduate or graduate professional nursing or allied health program in Texas.
The Texas Hero program is defined as full time, paid Firefighter, EMS personnel, Peace Officer, Corrections Officer, Juvenile Corrections Officer, County Jailer, or a Public Security Officer working in the State of Texas.
Please contact me for additional qualifications regarding this program!
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