Navigating Income Limits for Texas Heroes in San Marcos, Texas

At New Horizons Lending, we believe in supporting the heroes who dedicate their lives to serving our community. Located in San Marcos, Texas, we proudly partner with the Texas State Affordable Housing Corporation (TSAHC) to offer the Homes for Texas Heroes program. 

This initiative provides down payment assistance to teachers, school counselors, school nurses, police officers, public security officers, firefighters, EMS personnel, corrections and juvenile corrections officers, nursing faculty, veterans, and active military members. Our goal is to make homeownership accessible and affordable for those who serve our community.

Understanding TSAHC Income Limits

Income limits are crucial for determining eligibility for the Homes for Texas Heroes program. Currently, these limits range between $91,600 and $176,600, depending on the area. These thresholds are regularly reviewed and updated by TSAHC to reflect changes in the economy and housing market. It’s essential to check the latest income limits for your specific location when considering applying for this assistance.

Why Income Limits Matter

The income limits ensure that the program helps those who need it the most. By targeting low to moderate-income professionals, TSAHC can provide significant financial assistance to individuals who might struggle to save for a down payment on their own. This targeted approach ensures that resources are allocated effectively, helping our community heroes achieve their dream of homeownership.

Eligibility for Homes for Texas Heroes

To benefit from this program, you must meet specific criteria, which include:

- Profession: You must currently work as a teacher, emergency medical professional, nurse, law enforcement officer, or be an active duty service member or qualifying veteran.

- Credit Score: Your FICO score must be 620 or higher.

- Property Location: The property must be located in Texas.

- Income Requirements: Your income must fall below the program’s threshold, which varies by location.

How New Horizons Lending Can Help

At New Horizons Lending, we are committed to guiding you through the home buying process. Our experienced team is here to assist you every step of the way, from understanding eligibility requirements to securing the necessary financing. Here’s how we can help:

1. Personalized Consultation: We offer personalized consultations to help you determine if you meet the program’s criteria. We’ll review your profession, credit score, and income to ensure you’re eligible for the Homes for Texas Heroes program.

2. Up-to-Date Information: We stay informed about the latest updates to income limits and other program requirements. This ensures that you have the most accurate information when making your home buying decisions.

3. Local Expertise: As a San Marcos-based mortgage broker, we understand the local market and can provide tailored advice to help you find the right home in our community.

4. Comprehensive Support: From initial application to closing, we provide comprehensive support to make your home buying experience as smooth and stress-free as possible.

Next Steps

The Homes for Texas Heroes program is a valuable resource for those dedicated to serving our community. At New Horizons Lending, we’re here to help you navigate the program’s requirements and secure the down payment assistance you need. If you’re a teacher, nurse, law enforcement officer, or other eligible professional in the San Marcos area, reach out to us today. Let us help you unlock the door to homeownership and achieve your dream of owning a home in Texas.

For more information or to schedule a consultation, contact New Horizons Lending today. Together, we can make your homeownership dreams come true.