As part of its first-time homebuyer programs, the Texas State Affordable Housing Corporation (TSAHC) is offering a grant to Texans interested in purchasing their first home. The programs will now offer a grant of 5% of the loan amount that the homebuyer can use towards down payment and closing costs. This grant is in addition to the programs’ low fixed mortgage interest rate of 4.00%. This new grant amount is effective on the Home Sweet Texas, Professional Educators, and Homes for Texas Heroes Home Loan Programs.

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