Are there down payment assistance programs for homebuyers in Texas?

Yes, state and local governments offer down payment help, and HUD points buyers to its state pages and to HUD-approved housing counselors to find programs. In Texas, TDHCA runs My First Texas Home for first-time buyers, which also covers veterans and buyers in certain targeted areas. It also runs My Choice Texas Home, which has no first-time buyer requirement. Both pair down payment assistance with 30-year mortgages through participating lenders and require an approved homebuyer education course. TDHCA also offers a Mortgage Credit Certificate that can reduce federal income tax for qualifying buyers. Income limits, assistance amounts, and eligible property types vary by program, so confirm with TDHCA or a participating lender whether your home type qualifies.

Check your local rule. This varies by state, county or city. Your permitting office has the final word; the official lookup pages below show you who that is.

Sources

• LoansU.S. Department of Housing and Urban Development
• My Choice Texas Home and Homebuyer ProgramsTexas Department of Housing and Community Affairs