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WANT TO BUY A HOUSE AND NEED HELP WITH THE DOWN PAYMENT?

GET UP TO $30,000 IN DOWN PAYMENT MONEY. BUY A TEXAS HOME WITH LITTLE OR NO
MONEY DOWN. 100% CONVENTIONAL FINANCING AVAILABLE.

 * 




WELCOME TO DOWNPAYMENTTX.ORG


YOU CAN GET A HOME

Texas home buyers can get down payment assistance to cover your down payment and
closing costs from a variety of sources nationwide.


HOW MUCH CAN YOU GET?

There are millions of dollars available to cover down payment and closing costs
to help home buyers in Texas.


WHERE’S THE MONEY?

Federal, State, and Local Housing Finance Agencies, Non Profits, Lenders,
Community Action Programs, and various other institutions serving Texas home
buyers.

CAN YOU REALLY GET ME INTO A HOUSE WITH ZERO DOWN?

Yes, many people are skeptical because they don’t really think it’s possible. We
help home buyers every day get into a new or pre-owned home with zero down. Give
us a call today, You’ll be surprised at how many options are available to help
home buyers right now.

WHAT ARE SOME OF THE DIFFERENT KINDS OF DOWN PAYMENT PROGRAMS ARE AVAILABLE TO
ME?

 There are multiple federal, state, county, municipal, and private down payment
grant programs available. Some down payment programs have budget limits, some
have expiration dates. New programs get introduced on a regular basis. We match
you with the down payment programs you qualify for and best meets your financial
needs.

HOW DO YOU QUALIFY FOR DOWN PAYMENT GRANTS?

Each program and participating lender may have different credit score
requirements, income levels, etc. It’s best to review all factors in qualifying
for down payment money.  Give us a call now or complete the secure online form
to see how much down payment money you can get.

CAN YOU QUALIFY FOR DOWN PAYMENT GRANTS WITH POOR CREDIT?

Yes, we can work with many buyers who have credit scores as low as 600. There
are many programs available to review or help you clean up bumps or bruises on
your credit.

WHAT TYPE OF MORTGAGES QUALIFY FOR DOWN PAYMENT ASSISTANCE?

Many types including FHA, VA Loans, USDA, UHC and most Conventional loans. Call
now or complete the secure form to see how much down payment assistance you can
get.

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DOWN PAYMENT TX VIDEO TESTIMONIALS

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TOP DOWN PAYMENT ASSISTANCE PROGRAMS FOR TEXAS HOME BUYERS


TEXAS DOWN PAYMENT PROGRAM LIST

1. Texas State Affordable Housing Corporation (TSAHC): This organization
provides down payment assistance grants and mortgage credit certificates to
eligible homebuyers.

2. Homes for Texas Heroes Program: Aimed at teachers, firefighters, and other
public servants, this program offers down payment assistance and reduced
mortgage rates.

3. SETH 5 Star Texas Advantage Program: This program provides down payment and
closing cost assistance in the form of a grant.

4. My First Texas Home: This is a Taxable Mortgage Program (TMP) that offers
down payment and closing cost assistance.

5. Harris County Downpayment Assistance Program (DAP): Specifically for Harris
County, this program provides financial assistance for down payment and closing
costs.

6. City of Houston Down Payment Assistance Program: If you’re looking to buy
within Houston, you might be eligible for this program, which offers up to
$30,000 in assistance.

7. NeighborhoodLIFT: This is a collaboration between Wells Fargo Bank,
NeighborWorks America, and local non-profit organizations. The program offers
down payment assistance grants to eligible homebuyers.

8. Veterans Land Board: If you’re a veteran, you might be eligible for land,
home, and home improvement loans.

9. USDA Rural Development Loans: If you’re considering a home in a rural area,
you might be eligible for a USDA loan, which can offer 100% financing.

10. FHA Loans: While not a down payment assistance program per se, FHA loans
require a lower down payment, which could be beneficial for some buyers.

11. Good Neighbor Next Door Program: This is a HUD program aimed at law
enforcement officers, teachers, firefighters, and emergency medical technicians.
It offers significant discounts on home prices.

12. NACA (Neighborhood Assistance Corporation of America): This is a non-profit
organization that helps low-to-moderate income families achieve homeownership.
They offer a mortgage with no down payment and no closing costs.

13. Chenoa Fund: This is a down payment assistance program that provides either
a grant or a repayable second mortgage.

14. Local Employer Down Payment Programs: Some employers offer down payment
assistance as an employee benefit. Check with your HR department to see if this
is an option for you.

15. Family Gifts: While not a down payment program, many people receive down
payment gifts from family. Just make sure to follow the proper legal and tax
procedures.

16. Local Community Programs: Many local communities offer their own down
payment assistance programs, especially for first-time homebuyers. Check with
your local housing agency.

17. HomePath Ready Buyer Program: This Fannie Mae program offers first-time
homebuyers up to 3% in closing cost assistance when they complete an educational
course and buy a qualifying property.

18. Individual Development Account (IDA): Some non-profits offer IDAs, which are
matched savings programs that can be used for down payments.

19. Bootstrap Loan Program: This Texas-specific down payment program is for
families with low incomes who are willing to contribute some manual labor toward
the construction of their home.

20. Mortgage Credit Certificate (MCC): While not direct down payment assistance,
an MCC can increase your ability to qualify for a mortgage by reducing your tax
liability.

There are many options to fit individual home buyer scenarios. DownpaymentTX.org
can help identify the DPA program that best fits your individual needs. Learn
more by clicking the “See How Much You Can Get” button.

20 MISCONCEPTIONS ABOUT DOWN PAYMENT ASSISTANCE


20 DPA MISCONCEPTIONS

1. Only First-Time Homebuyers Qualify: Many down payment programs are available
to repeat buyers as well.

2. It’s Free Money: Most down payment programs are loans or grants that may have
conditions attached, like living in the home for a certain number of years.

3. Income Limits Are Too Low: Many down payment programs have surprisingly high
income limits.

4. You Need Perfect Credit: While credit matters, it doesn’t have to be perfect.
Each program has its own criteria.

5. It’s Only for Cheap Homes: Many programs apply to homes well above the area’s
median price.

6. It’s Too Complicated: With the right guidance, navigating most down payment
programs can be straightforward.

7. Only for Rural Areas: Programs exist for urban and suburban areas too.

8. You Can’t Use It with Other Programs: Often, you can combine down payment
assistance with other grants and programs.

9. It Will Delay Closing: If done correctly, using down payment assistance
shouldn’t delay your closing.

10. Only Banks Offer Them: Many different organizations, including non-profits
and government agencies, offer programs for down payment assistance.

11. It Affects Mortgage Interest Rates: Generally, your assistance shouldn’t
affect the rate you get on your primary mortgage.

12. Only Minorities Qualify: Programs are generally open to people of all
backgrounds.

13. You Must Be a U.S. Citizen: Some programs are available to non-citizens as
well.

14. It’s Only for Single-Family Homes: Programs often apply to condos and
townhomes too.

15. You Can’t Buy a Fixer-Upper: Some programs specifically aim to help people
buy and renovate older homes.

16. It’s Only for the Down Payment: Some programs can also be used to help with
closing costs.

17. You’ll Be Penalized for Selling Early: While some programs require you to
stay for a few years, many don’t have this requirement.

18. It’s Only for People with Kids: Many programs are available to individuals
and couples without children.

19. You Can’t Have Owned a Home Before: Some programs are available to those who
have owned homes in the past but don’t currently.

20. It’s a Scam: While you should be cautious and do your research, many
legitimate programs are out there. Believe it or not, we have had clients walk
out of open houses for builders at a new home site. We had all the numbers
crunched with builder incentives and how they could purchase a new home with
zero down payment. Many people cannot accept that a home can be purchased with
little to no money out of pocket.

There are many options to fit individual home buyer scenarios. DownpaymentTX.org
can help identify the DPA program that best fits your individual needs. Learn
more by clicking the “See How Much You Can Get” button or give us a call.

TEXAS DOWN PAYMENT ASSISTANCE PODCAST

Down Payment Texas · Down – Payment – Programs – Texas

CONTACT INFO

DownpaymentTX.org
AroundTown Properties Inc.
2500 E TC Jester Blvd.
Suite 110
Houston, TX 77008
License #: 9010116
Ph: 281-220-9960


TEXAS DOWN PAYMENT PROGRAMS

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