Homeownership in Texas just became more affordable. Through our exclusive partnership with the Texas State Affordable Housing Corporation (TSAHC), ACE Home Mortgage offers comprehensive Down Payment Assistance programs that can save you thousands of dollars on your home purchase.
For Homebuyers: This is Literally Free Money
Here’s the reality: Down Payment Assistance through TSAHC can provide up to $30,000 in grants or forgivable loans to help you purchase your home. This is not a loan you have to pay back immediately – it’s free money that reduces your out-of-pocket costs by 2% to 5% of your home’s purchase price.
The math is simple: – On a $300,000 home: Save $6,000 to $15,000 – On a $400,000 home: Save $8,000 to $20,000
– On a $500,000 home: Save $10,000 to $25,000
Yes, the process takes an extra day or two compared to conventional loans. But when you’re saving thousands of dollars, isn’t that worth a 48-hour delay? Most buyers agree that waiting two extra days to save $10,000+ is the smartest financial decision they’ll ever make.
The ACE Home Mortgage Advantage
Why choose ACE Home Mortgage for your Down Payment Assistance needs?
- TSAHC Approved Lender: We’re an official participating lender with direct access to all TSAHC programs
- Expert Guidance: Our loan officers are specially trained in DPA programs and requirements
- Streamlined Process: We handle all the paperwork and coordination with TSAHC
- Multiple Program Options: Access to both Homes for Texas Heroes and Home Sweet Texas programs
Mortgage Credit Certificates: The Hidden Gem
Beyond Down Payment Assistance, we also offer Mortgage Credit Certificates (MCCs). An MCC provides a 15% federal tax credit on your annual mortgage interest payments – that’s up to $2,000 back in your pocket every year for the life of your loan.
On a $350,000 mortgage at 7% interest: – Annual interest: ~$24,000 – MCC tax credit: $2,000 per year – 30-year savings: $60,000+
For Real Estate Agents: Your Secret Weapon for Closing More Deals
Smart agents know that Down Payment Assistance programs are deal-makers. Here’s why partnering with ACE Home Mortgage gives you a competitive edge:
Qualification Benefits: – MCCs count as income for qualification purposes, helping borderline buyers qualify for larger loan amounts – Reduced down payment requirements mean buyers can purchase sooner – Lower monthly payments through interest rate reductions and tax credits
Client Relationship Benefits: – Goodwill factor: Clients remember agents who help them save thousands – Referral generation: Happy clients become your best marketing team – Professional reputation: Known as the agent who finds “free money” for buyers
Business Growth Benefits: – Faster closings: Qualified buyers move through the process quicker – Higher success rates: More deals close successfully – Expanded buyer pool: Help clients who thought they couldn’t afford to buy
The Numbers Don’t Lie
Recent TSAHC statistics show: – Average Down Payment Assistance: $15,000 per borrower – Average MCC annual savings: $1,800 per year – Combined first-year savings: Often exceed $16,000
For a typical Texas homebuyer, this represents: – 3-5% of the home’s purchase price in immediate savings – $1,500+ in monthly payment reduction – Tens of thousands in long-term tax savings
Ready to Access Free Money for Your Home Purchase?
Don’t let another day pass without exploring your Down Payment Assistance options. The programs have limited funding, and qualified borrowers are served on a first-come, first-served basis.
Contact ACE Home Mortgage today and discover how much you can save: – Homebuyers: Get your free DPA qualification analysis – Real Estate Agents: Schedule your agent training session on DPA programs
The extra day or two is worth thousands of dollars – let’s get started!
