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Friday, August 10, 2012

3.75% Mortgage Loan Interest Rate Available

The Texas State Affordable Housing Corporation (TSAHC) has announced a 3.75% mortgage loan interest rate for those interested in purchasing a home using the Home Sweet Texas, Professional Educators, or Homes for Texas Heroes Home Loan Programs.  In addition to the lower rate, qualified recipients will receive a grant equal to 5% of the loan amount for down payment and closing cost assistance.

To qualify for the lower interest rate, you must be eligible via one of the following programs: Professional Educators Home Loan Program, Homes for Texas Heroes Home Loan Program, or Home Sweet Texas Home Loan Program.

Additional qualifications include meeting the income and home purchase price limits, completing a HUD-approved homebuyer education course prior to closing on the home loan, and residing in the State of Texas.

For more information, please contact me at heather@wittehomes.com or (512) 994-4663.

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