Finance
In Texas, the 'Homeownership Across Texas' (HAT) program is a TDHCA initiative that provides:
AFree homes to low-income families
BDown payment assistance and mortgage credit certificates for eligible homebuyers✓ Correct
CRental assistance for renters
DProperty tax relief for seniors
Explanation
TDHCA's Homeownership Across Texas programs (including My First Texas Home) provide down payment and closing cost assistance to eligible first-time homebuyers and military veterans. Programs include Mortgage Credit Certificates (MCCs) that provide federal tax credits, and second loans for down payment assistance.
Related Texas Finance Questions
- An 'adjustable-rate mortgage' (ARM) in Texas typically has a lower initial interest rate than a fixed-rate mortgage because:
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- When a Texas mortgage lender 'qualifies' a borrower, they are primarily evaluating:
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