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Texas Down Payment Assistance

Government loans

Where Texas’ best interest rates call home.

Begin a lifetime of homeownership through My First Texas Home. This program allows qualified Texans access to competitive interest rate home loans and down payment and closing cost assistance. Homebuyers who meet the following minimum requirements are eligible to apply for a loan under the program:

  • First time homebuyer or a homebuyer who has not owned a home as primary residence within the past three years;
  • Homebuyer(s) income does not exceed program's income limit guidelines
  • Purchase price of home does not exceed program's purchase price limit guidelines
  • Credit Score/DTI Requirements
    • Government Loans (FHA, VA, USDA) and Conventional (FNMA HFA Preferred) loan products:
      • Minimum 620;
      • Max DTI - No max DTI with AUS approval
      • Manual Underwriting Allowed – 45% Max DTI