(214) 960-1021

Who Qualifies for Down Payment Assistance?

Get Started Now

Who Qualifies for Down Payment Assistance?

At Txhomenow, we discover down payment assistance programs available to Texas homebuyers and help you qualify for them. We do this by taking your information and finding out if you pass our eligibility requirements. Our requirements are virtually identical to those used by the down payment assistance programs, so consider us your first step in obtaining the help you need to buy the home you’ve been dreaming of!

If you’re in the military, or if you are a disabled veteran, there are down payment assistance programs designed to help you. First-time homebuyers have special Texas programs to assist them, as do homebuyers who agree to live in rural areas. If you’re part of a special population, you could have access to thousands of dollars in assistance that you never knew existed. Call us today to learn all the details.

Eligibility Criteria

We start by determining your eligibility for our program. Because we have many of the same requirements as state and federal assistance programs, we act as a sort of pre-screening step. If you qualify for our help, you’ll almost certainly qualify for the programs we connect you to.

To qualify for the Txhomenow program, you must:

  • Be employed
  • Show proof of employment
  • Make less than $96,000 in annual income
  • Have a credit score of 580+
  • Agree to attend an online homebuyer’s education course

These are our basic eligibility criteria, but they might not apply to every situation. Speak with a down payment assistance specialist for a full list of our program requirements.

Assistance Programs

Once we have your accurate information, we help you enlist in every down payment assistance program you qualify for. This can drastically reduce your upfront costs when purchasing a home. Some programs are open to all homebuyers, and others require you to be a first-time buyer. Special populations, like veterans and rural homebuyers, could qualify for other assistance designed just for them.

Here is a list of some of the groups that qualify for special assistance in Texas:

First-Time Homebuyers

The Texas Department of Housing and Community Affairs (TDHCA) offers a budget-friendly plan to assist with down payments and closing costs. My First Texas Home (MFTH) is designed specifically to help new homebuyers and veterans come up with their down payment and cover closing costs if needed. This assistance can total up to 5% of the mortgage loan.


For Texas veterans and members of the military, the Veteran’s Land Board provides low-interest, fixed-rate loans with little or no down payment. Veterans with a VA service-connected disability rating of 30% or higher qualify for even lower interest rates.

Rural Homebuyers

If you wish to purchase a home away from the hustle and bustle of the city, consider taking part in the USDA’s Single Family Housing Guaranteed Loan Program. It provides a 90% loan guarantee to approved lenders who help rural homebuyers purchase safe, affordable housing. Eligible applicants can build a new home, rehabilitate an existing home, or relocate a home in any of the eligible rural areas.

All Qualified Texas Homebuyers

My Choice Texas Home (MCTH) assists with down payments and closing costs for any Texas homebuyer who meets the income guidelines and other rules. It is available through the TDHCA.

Why Txhomenow?

Txhomenow is your trusted source for down payment assistance in the state of Texas. Home ownership is a dream for many Texans, but the high cost of down payments often gets in the way. We understand that life is full of surprises, and a single unfortunate event can wipe out the money you’d been saving. That’s why we’re here to help reduce your down payment burden and get you into the home you’ve been dreaming of.

Call Us Today for Down Payment Assistance in Texas!

We have no small print, no hidden costs, and no hidden fees. You do not have to commit to meetings with a financial planner or a credit counselor. All you have to do is call to speak with a specialist, provide them with accurate information, and receive our pre-approval decision within 48 hours. We look forward to hearing from you and helping you get into your new Texas home!

Let's work together

Free Down payment Assistance



Texas, USA

(214) 960-1021

Too Excited to Wait?

You can join our Facebook group and message us with Facebook Messenger. Get started now - your new home is waiting!