SERVICING AND SALE AGREEMENT (RELATING TO BOND-FINANCED PROGRAMS)Servicing and Sale Agreement • February 7th, 2019 • Texas
This Mortgage Origination Agreement (this “Agreement”) is entered into, as of the date set forth below, by and between the Texas State Affordable Housing Corporation (“TSAHC” or the “Corporation”) and the lending institution executing this Agreement (the “Lender”) in connection with the origination of qualified first-lien mortgage loans and the funding of down payment and closing cost assistance under TSAHC’s Home Sweet Texas and Homes for Texas Heroes Home Loan Programs (each a “Program” and collectively the “Programs”). Capitalized terms used herein and not otherwise defined have the meanings set forth in the Program guidelines established from time to time for TSAHC Homeownership Programs (collectively, the “Program Guidelines”). Program Guidelines are posted on TSAHC’s website www.tsahc.org.
