Are you looking to buy a home in the Alamo City but worried about the down payment? Or perhaps you’re a San Antonio real estate agent looking for a lender who can actually get your affordable housing deals to the closing table?
At ACE Home Mortgage, we specialize in making homeownership accessible. While we serve the entire state of Texas, we are deeply committed to the San Antonio community. We are proud participating lenders with the Texas State Affordable Housing Corporation (TSAHC), a program designed to bridge the gap for homebuyers who can afford a monthly payment but need a hand with the upfront costs.
Here is what borrowers and real estate agents need to know about how we can work together.
For Home Buyers in San Antonio: The Help You Need is Here
San Antonio is one of the most vibrant housing markets in Texas, but rising prices can make saving for a down payment difficult. The good news? You shouldn’t let the down payment be the barrier that stops you. Through our partnership with TSAHC, ACE Home Mortgage offers specific programs designed to help families in Bexar County get into their new homes sooner.
1. Down Payment Assistance (DPA) You don’t always need 20% down. In fact, qualified borrowers can receive assistance for their down payment and closing costs.
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How it works: This assistance can come as a grant (which never needs to be repaid) or a deferred forgivable second lien.
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Who is it for? We offer the “Homes for Texas Heroes” program for teachers, police officers, firefighters, EMS personnel, and veterans. If you aren’t in those professions, the “Home Sweet Texas” program is available for low-to-moderate-income buyers.
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Local Focus: Income limits for these programs are generous. In the San Antonio metro area, many families qualify for these programs, allowing you to purchase a home with significantly less cash out of pocket.
2. Mortgage Credit Certificates (MCC) This is one of the most underutilized benefits for first-time buyers in San Antonio.
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What is it? An MCC is a special tax credit that reduces your federal income taxes every year. It’s not just a one-time deduction; it saves you money annually for as long as you live in the home and have the mortgage.
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The Benefit: By claiming a tax credit for a portion of the mortgage interest you pay, you effectively increase your take-home pay, which can help you qualify for your loan.
3. We Are Local Experts Whether you are looking for a historic bungalow near the Pearl, a family home in Stone Oak, or a new build on the expanding West Side, we can help. We can also assist with One-Time Close New Construction loans if you are looking to build on your own lot in the Hill Country surrounding the city.
Ready to see if you qualify? Call us: 877-280-2937 or click the link below to start your Homeownership Journey
For Real Estate Agents: Why Partner with ACE Home Mortgage?
As an agent in San Antonio, you know that the difference between a “sold” sign and a fell-through contract is often the lender. When you refer your clients to ACE Home Mortgage, you are referring them to a team that understands how to layer state programs to maximize buying power in the Bexar County market.
1. We Turn “Not Yet” into “Approved” Many buyers in the San Antonio market have the income to support a mortgage but lack the savings for closing costs. By utilizing TSAHC’s Down Payment Assistance (DPA) and Mortgage Credit Certificates (MCC), we can often qualify borrowers who would otherwise be turned away by big-box banks that don’t participate in these state programs.
2. Expertise in Texas-Specific Programs We don’t just “dabble” in assistance programs; we are experts in them.
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Knowledge is Power: We know the specific income limits for San Antonio/Bexar County and how to structure deals to meet DTI requirements using the MCC income credit.
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Diverse Product Mix: Beyond TSAHC, we offer FHA, VA, USDA, and Conventional loans, as well as One-Time Close New Construction loans—a huge value-add given the amount of new development around Loop 1604.
3. Reliability You Can Trust We understand that your reputation is on the line with every referral. Our mission is “Empowering Dreams, One Home at a Time,” and that extends to your business. We communicate proactively, close on time, and treat your clients with the personalized care they deserve.
Let’s Close More Deals Together. If you have a client who needs down payment assistance or a creative solution to get into a home, send them our way. We are ready to serve your San Antonio clients today.
Partner with Us: Email: myloan@acehomemortgage.com NMLS: 2547667
