TDHCA My First Texas Home (Down Payment Assistance)

About This Program

My First Texas Home provides 30-year fixed-rate mortgages paired with down payment and closing cost assistance of up to 5% of the loan amount through a second lien — either a 30-year deferred repayable lien or a 3-year forgivable lien. Available to first-time homebuyers (and qualified veterans purchasing any home) who meet IRS tax-exempt bond income requirements. Credit score minimum 620.

DPA = up to 5% of first mortgage amount. Austin area income limits approximately $103,500 for a 4-person household (115% AMI). Purchase price limits apply.

Key Details

• 30-yr fixed mortgage + up to 5% DPA second lien
• 3-year forgivable or 30-year deferred second lien options
• First-time buyers only (veterans exempt from first-time requirement)
• Min. credit score 620; income limits vary by county
• Austin area 4-person income limit ~$103,500

How to Apply

Deadline: Rolling