🏠 This residential loan program is exclusively available for Texas borrowers.

← All Loan Programs🗝️ First-Time Buyer

First-Time Home Buyer Programs

Down payment assistance, grants, and special programs for first-time buyers.

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Overview

First-time home buyer programs layer on top of FHA, VA, USDA, or conventional loans to provide down payment assistance, closing cost grants, and below-market rates. Programs are offered by states, counties, municipalities, and non-profits — and many have income limits and property price caps.

  • Down payment assistance (DPA) grants up to $25,000+
  • Forgivable second mortgages in some programs
  • Below-market interest rates through state housing agencies

Loan Specifications

Min Amount

$50,000

Max Amount

Varies by program and county

Loan Term

30 years (most programs)

Max LTV

Up to 100% with DPA

Amortization

30 years

Rate Type

Fixed (program-specific)

Eligibility Criteria

  • Usually: have not owned a home in past 3 years
  • Income limits apply (typically 80–120% of area median income)
  • Property price caps by county
  • Primary residence only
  • First-time homebuyer education course often required

Required Documents

Documents are uploaded through our encrypted secure portal, stored on Cloudflare R2 enterprise storage, and only accessible to your assigned broker via a private link. Never shared with third parties.

  • 2 years tax returns and W-2s
  • Last 30 days pay stubs
  • 2 months bank statements
  • First-time homebuyer education certificate (most programs)
  • Program-specific eligibility documentation

Frequently Asked Questions