Absolutely! TDHCA makes it easy to combine the benefits of both programs. The same guidelines apply to both programs; one-step process for the lender; and low-cost to the borrower. It’s a great opportunity to access the immediate benefit of the assistance to get into the home, and the long-term benefit of tax savings to sustain homeownership. The programs are also available individually.
Can the low-interest rate mortgage loan and assistance provided through My First Texas Home be combined with the Texas Mortgage Credit Certificate?
April 23, 2016