Wednesday, April 1, 2015

Texas Home Buyers: Here's Your Chance to Win One Month's Mortgage Payment

Today, the Texas State Affordable Housing Corporation (TSAHC) announced it will be paying one month's mortgage payment for five lucky winners as part of its "Mortgage-Free Monday" raffle.  To be eligible to win, home buyers must close a loan using TSAHC's home buyer programs between April 1 and June 26, 2015. TSAHC will conduct the drawing on Monday, June 29, 2015.

TSAHC is a statewide nonprofit organization created at the direction of the Texas Legislature to serve the housing needs of Texasfamilies and individuals. TSAHC's home buyer programs provide eligible home buyers with several assistance options, including fixed-rate mortgage loans and grants for down payment.  Home buyers who have not owned a home in the last three years can also apply for a special annual tax credit known as a mortgage credit certificate.

TSAHC's home buyer programs are open to low and moderate-income households including teachers, police officers, correctional officers, fire fighters and EMS personnel and military veterans. To view additional eligibility requirements, take the eligibility quiz on TSAHC's website www.tsahc.org.

"We are excited to offer this special opportunity to home buyers who use our programs to buy a home from now until June 26th," saidDavid Long, TSAHC President. "June is National Homeownership Month, and we look forward to celebrating homeownership by making one mortgage payment for five lucky winners."

Potential home buyers interested in buying a home and entering the "Mortgage-Free Monday" raffle should visit TSAHC's websitewww.tsahc.org to learn more about TSAHC's home buyer programs and view the raffle terms and conditions.

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