Down payment assistance

Down payment assistance in Texas

2 programs can help buyers in Texas with a down payment and closing costs. Most are for first-time buyers with moderate incomes and are used with a participating lender.

Check which programs fit your situationDown payment assistance finder

TDHCA My First Texas Home

Open · Deferred loan

Up to 5% of the loan amount

A 30-year fixed first mortgage with down payment and closing cost help of up to 5% of the loan, as a 0% deferred second loan. TDHCA’s My Choice Texas Home offers the same help without a first-time buyer requirement.

Who qualifies: First-time buyers (or veterans, or buyers in targeted areas); TDHCA income and price limits; minimum credit score set by the program.

Texas Department of Housing and Community Affairs · Agency website → · Not yet confirmed by us: check the agency’s site for current amounts and rules.

TSAHC homebuyer programs (Homes for Texas Heroes, Home Sweet Texas)

Open · Grant or forgivable loan

Up to 5% of the loan amount, as a grant or a second loan forgiven after 3 years

Down payment and closing cost help with a TSAHC first mortgage. Homes for Texas Heroes is for teachers, police, firefighters, EMS, corrections officers, nurses and veterans; Home Sweet Texas is for other low- and moderate-income buyers.

Who qualifies: Income limits; a TSAHC first mortgage through a participating lender; minimum credit score set by the program.

Texas State Affordable Housing Corporation · Agency website → · Not yet confirmed by us: check the agency’s site for current amounts and rules.

How assistance usually works

Most programs are a second loan with no monthly payment that is forgiven over time or repaid when you sell or refinance, and some are grants. You usually need a program first mortgage from a participating lender, a homebuyer education course and income under the program’s limit. Apply before you make offers, so your pre-approval reflects the help.

More for Texas

Texas closing costs Texas property taxes Where can I afford to buy in Texas?Down payment timeline

Program amounts and rules change often. Confirm the details on each agency’s site before you rely on them.