Texas: NACA Mortgage Basics

For Texas buyers, one mortgage option offered no down payment, no closing costs, no PMI, no lender fees, and a below-market fixed rate.
Buyers with combined income at or below $121.1K could qualify for best terms, while qualification depended on counseling and detailed document review.
Instead of a minimum credit score, the program reviewed savings, job and income stability, rent and utility history, and readiness for future payments.