See programs you qualify for

Get Matched Free →

Homebuyer Programs in Georgetown, TX (2026)

Last updated April 6, 2026 | Population: 85,999 | Median home price: $400,000 | Est. closing costs: $8,000 - $12,000

Skyline of Georgetown, TX

Georgetown is one of the fastest-growing cities in the nation, located in Williamson County about 30 miles north of Austin, with a median home price around $400,000. While Georgetown does not currently offer a large city-funded down payment assistance program, buyers benefit from strong state-level support and local nonprofit options. Habitat for Humanity of Williamson County is headquartered in Georgetown and builds affordable homes with zero-interest mortgages, requiring 280 hours of sweat equity from partner families. At the state level, the Homes for Texas Heroes Program and Home Sweet Texas offer grants of 3% to 5% of the loan amount, and My First Texas Home provides up to 5% assistance. On a $400,000 home, state programs alone could provide $12,000 to $20,000 in down payment and closing cost assistance.

Top Homebuyer Programs in Georgetown

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 Williamson County Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with zero-interest mortgage
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. Most state programs require a minimum credit score of 620 and household income within program limits for Williamson County. Review your finances and determine which programs fit your situation.

  2. Step 2:

    Complete homebuyer education. Most assistance programs require a HUD-approved homebuyer education course. The Texas Department of Housing and Community Affairs offers free online courses through Texas Homebuyer U. Call 800-792-1119 for details.

  3. Step 3:

    Explore Habitat for Humanity of Williamson County. If you are interested in an affordable new-build home in Georgetown, contact Habitat at (512) 863-4344 or visit their office at 2108 N Austin Ave, Georgetown, TX 78626. The application process requires a minimum $1,500 pre-closing deposit and 280 hours of sweat equity.

  4. Step 4:

    Get pre-approved through a participating lender. Work with a lender who participates in TSAHC or TDHCA state homebuyer programs. These lenders can combine a 30-year fixed-rate mortgage with state-level down payment assistance grants of 3% to 5% of the loan amount.

  5. Step 5:

    Check Williamson County CDBG resources. Williamson County receives over $2.2 million in Community Development Block Grant funding annually. Contact the county CDBG office at (512) 943-3757 for any current homebuyer assistance offerings.

  6. Step 6:

    Find a home within program limits. State programs have purchase price limits that vary by county. Habitat for Humanity homes are priced affordably based on construction costs.

  7. Step 7:

    Submit your application and close. Your lender will coordinate state assistance funds. Allow 30 to 60 days for the full approval and closing process.

Frequently Asked Questions

Related Cities

Related Articles