Texas First-Time Home Buyer Programs of 2021

Jan 1, 2021
Texas First-Time Home Buyer Programs

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Buying a house is a huge financial decision. If you’ve never done it before, it’s easy to feel like you’re in over your head. Loan programs for first-time home buyers can make the process easier, especially if you’ve had credit issues or found it hard to save up a down payment.

The Texas Department of Housing and Community Affairs, or TDCHA, offers first-time home buyer programs to assist qualified borrowers in the Lone Star State. Some national loan programs also have features that can benefit first-time home buyers. Browse the options below to find the right mortgage for your needs.

National first-time home buyer loan programs

No matter where you live, these loan programs have benefits that may help you buy your first home, like low down payment and credit score requirements.

TDHCA highlights and eligibility requirements

If you haven’t owned a home as your primary residence within the past three years, you’re considered a first-time home buyer by the TDHCA. This requirement is waived if you’re an honorably discharged veteran.


  • Down payment and closing cost assistance.

  • Tax credit possible for annual interest paid on mortgage loan.

  • Some programs can be combined for maximum benefit.

  • Homes in “targeted areas” enjoy higher income and purchase price limits.


  • Borrowers must have a minimum credit score of 620.

  • Borrowers must meet income and loan requirements.

  • Property must be located in Texas and not exceed purchase price limits.

  • Property must be a single-family home or a single-unit condominium.

  • Some manufactured housing allowed.

TDHCA first-time home buyer loan programs

Summary: 2021 TDHCA first-time home buyer programs

  • My First Texas Home loan for first time home buyers who want down payment and closing cost assistance, as well as low interest rates.

  • My Choice Texas Home for repeat buyers who need assistance with down payment and closing costs.

  • Texas mortgage credit certificate for breaks on federal income taxes.

Ready to take the next step toward being a Texas homeowner? It’s time to dig into the specifics. For full details on any of the programs listed above, visit the Texas Department of Housing and Community Affairs website.

The TDHCA doesn’t approve applications or lend money; instead, it has a network of participating lenders that provide access to first-time home buyer programs. These lenders may have additional rules about income limits, credit scores and eligible properties. If you’re interested in these home buyer assistance programs, reach out directly to a lender for more information.

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