Texans Credit Union launched its впервые покупающий дом program on Thursday, introducing three new loan options to spur home purchase activity.
The three loan options include:
- Low авансовый платеж mortgages that require as little as 3% down.
- Flexible-rate loans
- The “Home Extra 105” package, which finances a loan-to-value (LTV) ratio of up to 105% to cover the entire purchase price and provide closing cost credits
“First-time buyers are feeling the squeeze from every angle right now — from affordability to availability,” Angie Jackson, vice president of real estate lending at Texans Credit Union, said in a statement.
“We brought these solutions to the table in order to take some of the weight off their shoulders. Our members don’t have to figure it out alone; they have a partner helping them navigate today’s market and take that all-important first step toward домовладение».
Jackson told ЖильеПроволока that all three products are only being offered to first-time homebuyers, and the property used to secure a loan through Texans Credit Union has to be in the state of Texas.
How is Texans able to do a 105% LTV ratio? Jackson says the solution is “specifically designed to address the challenge the upfront cost of home affordability while maintaining the integrity of our risk profile.”
She continued, “We have made the decision to invest back into our members and would-be members in Texas and maintain this loan on our portfolio to allow for those who need the assistance in supporting their ability to become a homeowner. Over the term that the loan is secured, there is enough of a return for a viable product.”
Nationally, homeownership rates have trended downward in recent years. According to the Бюро переписи населения США, the overall homeownership rate slipped to 65% in the second quarter of 2025, marking the lowest level since 2019.
And despite existing-home sales posting a 2% uptick from June to July, sales activity still sits at its lowest point in the past year, according to data from the Национальная ассоциация риэлторов (НАР).
Founded in 1953, Texans Credit Union operates 11 branches across Техас. It provides financial products and services to more than 120,000 members and manages roughly $2.1 billion in assets, per the company’s website.
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