Glass Buildings

DOWN PAYMENT ASSISTANCE

Down payment assistance helps homebuyers with grants or low interest loans, reducing the amount they need to save for a down payment.   There are thousands of these programs nationwide .....state, county, and city governments.  

Some of these programs have different qualifications and eligibility.

Four main types of down payment assistance:

1.) Grants - Gifted money that never has to be repaid

2.) Deferred Loans - Second mortgages with deferred payments that only have to be paid when you move, sell or refinance.

3.) Loans - Second mortgages that are paid monthly along with your primary mortgage

4.) Forgivable Loans - Second mortgages that are forgiven over a set number of years (often five, but maybe up to 15 or 20).  These only need to be repaid if you move, sell or refinance too early.  

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Texas Homebuying Process - Downpayment Assistance

     Down payment assistance programs by state

Depending on whose addition skills you trust, there are between 2,000 and 2,500 DPA programs in the U.S. These are typically run by state and local governments, and nonprofits at the community level. 

We list some of the biggest programs in each state below. 

The U.S. Department of Housing and Urban Development (HUD) also lists many homeownership assistance programs including DPA on its State Pages.

While we have made reasonable efforts to make sure the information above is correct at the time of posting, it is subject to change without notice. Please check relevant websites for more information.

                        TEXAS

        Statewide and Regional Programs