Buying your first home can feel overwhelming, expensive, and sometimes unattainable, but did you know Texas offers several powerful programs designed to make homeownership more accessible? Whether you’re looking for down payment assistance, low-interest loans, or educational resources, there’s likely a program that fits your needs.

1. Texas State Affordable Housing Corporation (TSAHC) Programs

A nonprofit focused on helping first-time buyers in Texas, TSAHC offers:

• 2% – 5% down payment assistance as a grant that does not need to be paid back or as a second lien (a loan that will need to be paid back) that is forgivable after 3 years.
• Homes for Texas Heroes Home Loan Program – Special interest-rate reductions and down payment assistance for teachers, firefighters, veterans, EMS personnel, and others who serve communities.
• Home Sweet Texas Home Loan Program – Tailored for rural areas and generally paired with competitive fixed-rate mortgages.

2. Texas Department of Housing & Community Affairs (TDHCA) – My First Texas Home

This program provides:

• 3% – 5% down payment assistance as a second lien offered as a forgivable or low-interest loan depending on the county.
• It’s available statewide and is a great resource when combined with FHA, VA, or conventional loans.

3. Local and Regional Programs

Many city and county housing authorities across Texas- including Dallas, Austin, Houston, and others- offer unique down payment assistance or educational grants. Always check with your local housing authority or city website for details.

4. Homebuyer Education & Readiness Programs

Nonprofits and community groups often offer:

• Homebuyer education courses
• Financial readiness assessments
• Counseling services to guide you through budgeting, understanding credit, and the home buying process.

Tips to Leverage These Programs

1. Confirm Your Eligibility
   Most programs require buyer income limits, purchase price caps, or professional eligibility (e.g., educators, veterans). Always check the fine print.
2. Stack Benefits When Possible
   In many cases, you can combine programs, like pairing a TSAHC loan with TDHCA assistance, to maximize savings.
3. Stay Updated Online
   Program details can shift with funding, legislation, or policy. Visit official websites like TSAHC, TDHCA, or your city’s housing department for the latest.
4. Prepare for Success with Education
   Even if you don’t need financial assistance, homebuyer education can increase lender confidence and prepare you for long-term financial planning.

Ready to Buy Your First Home?

By understanding and utilizing these programs, Texans can overcome financial barriers and confidently step into homeownership. Not sure where to start? Reach out to your local housing authority, or feel free to contact me directly at (214) 542-4095 or Rob@TeamRobHomeLoans.com to guide you through eligibility, application timelines, and your path to that first home.