At the Texas State Affordable Housing Corporation (TSAHC), we help repeat buyers and existing homeowners purchase a home. We are a nonprofit organization that was created by the Texas Legislature to help Texans achieve their dream of homeownership. Let us help you buy your dream home.

Down Payment Assistance (DPA): What Is It? 
If you are eligible for our programs, TSAHC will provide you with a mortgage loan and funding to use for your down payment. You can choose to receive the down payment assistance as a grant (which does not have to be repaid) or a deferred forgivable second lien loan (which only has to be repaid if you sell or refinance within three years). If you’re eligible, you can essentially receive free money to help you buy a home. 

How Much Do You Have to Put Down on a House?
The amount of your down payment depends on a few things, including your income, your loan type, the amount of TSAHC assistance that you choose, the cost of the home, and how much you want to borrow. The larger your down payment, the smaller your monthly mortgage payment will be. The smaller your down payment, the larger your monthly mortgage payment. 

Your lender will help you figure out which TSAHC assistance option to choose and how much you need to put down on your house.  

To qualify, you must have:

• A credit score of 620
• Meet certain income requirements
• Take the Eligibility Quiz

• For Prospective Homeowners
• For Homeowners