Lenders, It’s Time to Get with the Programs
The lender approval process for The Texas Homebuyer Program is a shared process between the Texas Department of Housing and Community Affairs and our Master Servicer, The Money Source.
Lenders interested in participating in the Texas Homebuyer Program as a correspondent lender are required to complete and submit a Texas Homebuyer Program Lender Application Packet, complete required Lender and Portal training, as well as be a participating lender the Master Servicer.
To be accepted in to the Texas Homebuyer Program, Qualified Correspondent Lenders must be either:
- a Federal Housing Administration (FHA)
approved; - Fannie Mae (FNMA) or Freddie Mac (FMHLC) approved
- an eligible lender in good standing for Veteran’s Administration (VA); or
an eligible lender in good standing for Rural Housing Service’s (RHS) guaranteed rural housing loan program
and
- Agree to originate mortgage and assign mortgage and servicing to the Master Servicer
- Originate, process, underwrite, close and fund originated loans in your own name
- Must be approved/active Seller/Servicer with programs Master Servicer
Only lenders that are approved for the program and have completed required program training can provide assistance to qualifying borrowers and be listed on the Participating Lenders List.
For more information or to begin the application process, email: rosa.liscano@tdhca.texas.gov
Lender Training and Support
Only lenders that have completed required program training available through Lender Video Library — TMS can:
- Offer our programs to qualifying borrowers; and
- Be listed on our Participating Lenders list
Visit TDHCA’s Program Website for
- Program Matrixes
- Rates/Offerings;
- Lender Guide and Forms;
- Participating Lenders;
- Program FAQs; and
- Additional Training.
If you prefer “in-person/live training” for staff, have specific programmatic questions, or need help assisting a borrower, please call 800−792−1119. Or email the Texas Homeownership TDHCA Team at: txhomebuyer@tdhca.texas.gov