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Homebuyer Programs in DeSoto, TX (2026)

Last updated April 7, 2026 | Population: 56,211 | Median home price: $315,000 | Est. closing costs: $6,500 - $9,500

Skyline of DeSoto, TX

DeSoto is a southern Dallas County suburb with a median home price around $315,000. While the city discontinued its own Down Payment Assistance Program in 2022, buyers here can access the Dallas County UPCAP program offering up to $7,500 as a deferred payment loan for down payment and closing costs. The Dallas Area Habitat for Humanity also serves DeSoto with affordable homeownership programs. Combined with TSAHC and TDHCA state programs offering up to 5% of the loan amount in down payment grants, DeSoto buyers can still layer meaningful assistance toward homeownership.

Top Homebuyer Programs in DeSoto

Dallas County UPCAP Down Payment Assistance
Type:
Forgivable Loan
Amount:
Up to $7,500
First-time only:
Yes
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Dallas Area Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with low-interest mortgage
First-time only:
Yes
Home Sweet Texas Home Loan Program
Type:
Grant
Amount:
Up to 5% of the total loan amount
First-time only:
No
Homes for Texas Heroes Program
Type:
Grant
Amount:
Up to 5% of the loan amount (between 3% and 5%)
First-time only:
No
My First Texas Home
Type:
Forgivable Loan
Amount:
Up to 5% of the first lien mortgage amount
First-time only:
Yes
SETH 5 Star Texas Advantage Program
Type:
Forgivable Loan
Amount:
Up to 5% of the loan amount
First-time only:
No

How to Apply

  1. Step 1:

    Check your eligibility. The Dallas County UPCAP requires household income at or below 80% of the Area Median Income, first-time homebuyer status (no homeownership in the past three years), and liquid assets under $7,000.

  2. Step 2:

    Complete homebuyer education. The Dallas County Home Loan Counseling Center offers free or low-cost homebuyer education seminars in English and Spanish. Contact them at (214) 819-6060.

  3. Step 3:

    Contact the Dallas County Home Loan Counseling Center at (214) 819-6060 or homeloancounselingcenter@dallascounty.org to apply for the UPCAP program offering up to $7,500 in deferred payment assistance.

  4. Step 4:

    Get pre-approved for a mortgage through a TSAHC or TDHCA participating lender to layer state-level down payment grants on top of the county program.

  5. Step 5:

    Find a home in DeSoto within the UPCAP purchase price limit of $318,000.

  6. Step 6:

    Submit your application and work with your lender to close. The UPCAP lien is released after 5 years of residence.

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