Texas Is Discontinuing The Advance Loan For Tax Credits...

Hello,

I wanted to let you know that we have just been informed by TDHCA (Texas agency that administers the Tax Credit Advance program) that they will no longer underwrite loans for the Tax Credit Advance Program.

This doesn't mean you won't get a tax credit for purchasing a home before the end of November... You will.

However, Texas won't be making advance loans for your down payment from this tax credit any longer.

They didn't provide an explanation as to why they have discontinued this program.

I hope you have a good day today. Thanks for reading!


Brett