Lenders, It’s Time to Get with the Program
The lender approval process for The TDHCA Homebuyer Program is a shared process between the Texas Department of Housing and Community Affairs and our Master Servicer, The Money Source (TMS).
Lenders interested in participating in the TDHCA Homebuyer Program as a correspondent lender are required to complete and submit a Lender Application Packet and complete required Lender and Portal training.
- 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, The Money Source (TMS). If you are currently not approved as a participating lender with the Money Source (TMS) we will help you submit a request for application.
Visit TDHCA’s Lender Video Library and Lender Page for:
- Program Matrixes
- Rates/Offerings;
- Lender Guide and Forms;
- Program FAQs; and
- Additional Training.
If you prefer “in-person/live training” for staff, have specific program questions, or need help assisting a borrower, please email the Texas Homeownership Team at: txhomebuyer@tdhca.texas.gov