My First Texas Home
Funding status: Active
How much assistance
Up to 5% of the first lien mortgage amount (Forgivable Loan)
0% interest second lien forgiven after 3 years, or deferred for up to 30 years with no interest. Also available as a grant that does not need to be repaid.
Eligibility
- Income limits: Varies by county and household size, ranging from approximately $63,040 to $163,520 depending on location and loan type.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years. Exceptions available in targeted areas and for qualified veterans.
- Credit score minimum: 620
- Geographic restrictions: Available statewide in Texas.
- Homebuyer education required: Yes
How to Apply for My First Texas Home
Step 1: Complete a TDHCA-approved homebuyer education course, then work with a participating lender to apply for the mortgage and down payment assistance together.
Notes
Launched in 1980. Offers FHA, VA, USDA, and conventional 30-year fixed rate loan options. Also available as a grant option.