Texas Affordable housing Corporation Interest rates from August 20, 2019

Dated: 09/09/2019

Views: 62

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Effective Interest Rates
8/20/19

Assistance Type
FICO*
3% DPA
4% DPA
5% DPA
6% DPA
GRANT 
FHA/VA/USDA**
620+
4.250%
5.250%
N/A
N/A
FHA/VA/USDA** Bond (FTHB Texas Heroes Only)
620+
N/A
4.850%
N/A
N/A
HFA Preferred PLUS***
640+
4.875%
5.125%
5.375%
N/A
HFA Preferred Conventional
640+
5.375%
5.625%
6.000%
N/A
2nd LIEN 
HFA Preferred PLUS*** 
680+
4.250%
4.375%
4.500%
4.875%
HFA Preferred Conventional
680+
4.875%
5.000%
5.125%
5.250%
*Origination fee of .50% charged on 620-639 FICO government loans (FHA, VA, USDA)
**USDA Interest Rate Cap: Grant options available with USDA loans are limited to those that meet the daily interest rate cap set by USDA determined by the Lender. In some cases, DPA options do not meet USDA's interest rate cap.
***To be eligible for the HFA Preferred PLUS conventional interest rate, borrowers must  meet additional income requirements. Income and Purchase Price Limits 
| (877)508-4611 | www.tsahc.org |
Texas State Affordable Housing Corporation, 2200 E. MLK Jr. Boulevard, Austin, TX 78702
Sent by sellinor@tsahc.org in collaboration with
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Cyndi Cobb

I am a family oriented person who loves to assist people in their Real Estate needs. I have worked in Real Estate nearly my whole life, When I was growing up I worked with my parents in their Constru....

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