See programs you qualify for

GECU Home Purchase Assistance Program

Administered by:

GECU Federal Credit Union

· Nonprofit · Grant

Funding status: Active

How much assistance

Up to $35,000 in principal reduction, plus up to $5,000 in closing costs and down payment assistance

Principal reduction applied at purchase. Closing cost assistance does not need to be repaid.

Income limits: 60% to 80% of Area Median Income for El Paso, as published by HUD annually
First-time buyer required: Yes — Must not have owned a home in the past 3 years.
Geographic restrictions: Must purchase within El Paso city limits.
Homebuyer education required: Yes

Step 1: Contact GECU to confirm current program availability and income limits.

Step 2: Complete a Financial Education and Homeownership course offered through GECU's financial coaching program.

Step 3: Gather required documents including proof of income, identification, and proof of El Paso residency.

Step 4: Ensure you have a minimum of $1,000 of your own funds for your personal investment.

Step 5: Apply through GECU and work with their lending team to find a qualifying home.

Texas (1 city)