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Homebuyer Programs in Victoria, TX (2026)

Last updated April 6, 2026 | Population: 65,625 | Median home price: $212,000 | Est. closing costs: $4,000 - $6,500

Skyline of Victoria, TX

Victoria is the county seat of Victoria County in the Texas Coastal Bend region with a median home price around $212,000, making it one of the more affordable Texas markets. The City of Victoria offers a Down Payment and Closing Cost Assistance Program providing up to $10,000 as a grant that does not require repayment. The city also runs the Lot-To-Home infill program offering deferred forgivable loans for new home construction on vacant lots. Golden Crescent Habitat for Humanity has built homes for over 400 families locally since 1994. Combined with TSAHC and TDHCA state programs, Victoria buyers can stack substantial assistance to make homeownership very accessible.

Top Homebuyer Programs in Victoria

City of Victoria Down Payment and Closing Cost Assistance Program
Type:
Grant
Amount:
Up to $10,000 ($5,000 down payment + $5,000 closing costs)
First-time only:
Yes
City of Victoria Lot-To-Home Infill Program
Type:
Forgivable Loan
Amount:
Seven-year deferred forgivable loan for lot cost
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
Golden Crescent Habitat for Humanity Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with below-market 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 City of Victoria DPA program requires household income at or below 80% of the Area Median Family Income, first-time homebuyer status, and a monthly mortgage payment below 33% of household income or a debt-to-income ratio under 45%.

  2. Step 2:

    Complete homebuyer education. A HUD-approved homebuyer education course is required. Contact the City of Victoria Community Development Department at (361) 485-3375 for local course options.

  3. Step 3:

    Contact Zachary Wendel at the City of Victoria Community Development Department at (361) 485-3375 or zwendel@victoriatx.gov to apply for the Down Payment and Closing Cost Assistance Program offering up to $10,000 as a grant.

  4. Step 4:

    If interested in new construction, ask about the Lot-To-Home infill program which provides a seven-year deferred forgivable loan for lot costs plus additional down payment assistance.

  5. Step 5:

    Get pre-approved for a mortgage from a private financial institution. Also explore TSAHC and TDHCA participating lenders for state-level down payment grants.

  6. Step 6:

    Find an existing home within Victoria city limits (required for the city program) and submit your application.

Frequently Asked Questions

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