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Homebuyer Programs in Frisco, TX (2026)

Last updated April 6, 2026 | Population: 245,470 | Median home price: $625,000 | Est. closing costs: $12,500 - $19,000

Skyline of Frisco, TX

Frisco is one of the fastest-growing cities in the Dallas-Fort Worth metroplex, located primarily in Collin County with a population exceeding 245,000. The median home price sits around $625,000, making down payment assistance especially valuable for buyers here. The City of Frisco offers a Targeted Down Payment Assistance Program providing up to $10,000 as a forgivable loan for employees of the City of Frisco or Frisco ISD. Texas state programs through TSAHC and TDHCA offer additional grants of 3% to 5% of the loan amount, and Habitat for Humanity of Collin County provides affordable homeownership opportunities for qualifying families. By combining city and state programs, eligible buyers can stack significant assistance toward their home purchase.

Top Homebuyer Programs in Frisco

City of Frisco Targeted Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Up to $10,000
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
Habitat for Humanity of Collin County Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase at no profit with 0% interest mortgage
First-time only:
No
NDBT HomeStart Program
Type:
Grant
Amount:
$2,500 closing cost credit plus no PMI
First-time only:
No
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 City of Frisco DPA program requires at least one adult to work full-time for the City of Frisco or Frisco ISD for at least 6 months. Combined household income cannot exceed $144,567 and the purchase price cannot exceed $563,500. Texas state programs through TSAHC and TDHCA have separate income limits based on county AMI.

  2. Step 2:

    Complete homebuyer education. The City of Frisco requires an 8-hour HUD-approved homebuyer class and a one-hour counseling session. TDHCA also offers free online homebuyer education courses.

  3. Step 3:

    Contact the City of Frisco Grants Coordinator at 972-292-5108 to schedule an appointment and learn about current availability for the Targeted Down Payment Assistance Program.

  4. Step 4:

    Get pre-approved for a mortgage. Work with a TSAHC or TDHCA participating lender to explore state-level down payment assistance of 3% to 5% of your loan amount in addition to the city program.

  5. Step 5:

    Find a home within program limits. The Frisco city program caps the purchase price at $563,500. State programs may have different limits based on the county.

  6. Step 6:

    Submit your application. Provide your homebuyer education certificates and all required documentation to the Grants Coordinator. Processing times vary based on funding availability.

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