Bootcamp For Buyers

First Time Homebuyer Programs in Texas

Texas offers several first-time homebuyer programs through the Texas Department of Housing and Community Affairs (TDHCA). These initiatives provide financial assistance, competitive loans, and resources tailored to help buyers achieve their homeownership goals.

My First Texas Home

The My First Texas Home program offers low-interest mortgages with down payment assistance for eligible first-time buyers.

  • Provides 30-year fixed-rate loans with competitive interest rates.
  • Down payment assistance of up to 5% of the loan amount is available.
  • Income and purchase price limits apply based on location and household size.

Texas Mortgage Credit Certificate (MCC) Program

The MCC Program offers tax savings for first-time homebuyers.

  • Provides a tax credit of up to $2,000 annually for the life of the loan.
  • Can be combined with My First Texas Home or other loan programs.
  • Eligibility includes income and purchase price limits.

Homes for Texas Heroes Program

This program provides benefits specifically for teachers, police officers, firefighters, and other public service professionals.

  • Offers competitive interest rates and down payment assistance.
  • Up to 5% of the loan amount can be applied toward upfront costs.
  • Designed to support those who serve Texas communities.

Texas’s first-time homebuyer programs are designed to make homeownership more accessible and affordable. Explore these opportunities to find the right fit for your needs and take the first step toward owning your dream home in the Lone Star State.