Austin Down Payment Assistance Specialist
Down Payment Assistance
Austin TX — Buy with Less Out of Pocket
Most Austin buyers don't know how many down payment assistance programs they qualify for. Eddie Gamez finds every grant, forgivable loan, and DPA program available to you — and stacks them to minimize your cash to close.
Are there down payment assistance programs for first-time buyers in Austin?
Yes — multiple Down Payment Assistance (DPA) programs are available to Austin and Texas homebuyers. The TSAHC and TDHCA My First Texas Home programs offer grants and forgivable second liens up to 5% of the loan amount. The City of Austin's Homebuyer Assistance Program provides forgivable loans for income-qualified buyers within city limits. Some lenders also offer their own DPA grants with no repayment required. Many Austin first-time buyers qualify for programs that cover the entire down payment — Eddie Gamez identifies every program you're eligible for and stacks them to minimize your out-of-pocket costs.
Down Payment Assistance Programs in Austin
There are more programs available than most buyers realize — and many can be combined. Eddie knows them all.
TSAHC Programs
The Texas State Affordable Housing Corporation offers grants and forgivable second liens for first-time and repeat buyers meeting income limits.
TDHCA My First Texas Home
Texas Department of Housing and Community Affairs offers down payment and closing cost assistance up to 5% of the loan amount for eligible buyers.
City of Austin Programs
Austin's Homebuyer Assistance Program provides forgivable loans to income-qualified buyers purchasing within Austin city limits.
Lender-Funded DPA
Some lenders offer their own down payment assistance grants — no repayment required. Eddie knows which lenders offer these programs in Austin.
Gift Funds
FHA and conventional loans allow 100% of the down payment to come from a gift from a family member. Eddie will document it properly.
Forgivable Second Liens
Many DPA programs are structured as a second mortgage that is forgiven after 3–5 years — meaning you never have to pay it back if you stay in the home.
Who Qualifies for DPA in Austin?
Most programs target first-time buyers with moderate incomes, but eligibility varies. Eddie checks every program against your specific situation.
- First-time homebuyers (no ownership in the past 3 years)
- Income at or below area median income (AMI) limits for your household size
- Minimum credit score of 620 (some programs require 640+)
- Purchasing a primary residence in Texas
- Completion of an approved homebuyer education course
- Some programs available to repeat buyers in targeted areas
Free money is on the table.
Many buyers leave thousands in DPA on the table because they didn't know to ask. Eddie finds every dollar available to you before you close.
Find My DPA ProgramsHow Eddie Maximizes Your DPA
Eddie doesn't just find one program — he stacks every available source of assistance to minimize what you bring to closing.
Check your eligibility
Eddie reviews your income, credit, and purchase location to identify every DPA program you qualify for — including ones most buyers don't know exist.
Stack your assistance
In many cases, multiple programs can be combined. Eddie structures your loan to maximize the assistance you receive.
Close with less out of pocket
With DPA covering your down payment and sometimes closing costs, you may need very little cash to close on your Austin home.
DPA Questions, Answered
Common questions Eddie hears from Austin buyers exploring down payment assistance.
Do I have to pay back down payment assistance?
It depends on the program. Some DPA is a grant (never repaid). Others are forgivable second liens that disappear after 3–5 years in the home. A few are deferred loans repaid when you sell or refinance. Eddie will explain exactly how each program you qualify for works.
Can I use down payment assistance with an FHA or conventional loan?
Yes. Most DPA programs are designed to layer on top of FHA or conventional first mortgages. Eddie will pair the right first mortgage with the right assistance program to minimize your out-of-pocket costs.
What are the income limits for Austin DPA programs?
Income limits vary by program and household size. Most programs target buyers at 80%–120% of the Area Median Income (AMI). Austin's AMI is updated annually. Eddie will check current limits against your income during your consultation.
Does using DPA affect my interest rate?
Some DPA programs are paired with slightly higher rates to fund the assistance. Others are rate-neutral. Eddie will show you the full cost comparison — rate, payment, and total cash needed — so you can make an informed decision.
Don't Leave Money on the Table
Find Out What DPA You Qualify For
Takes minutes. No commitment. Eddie will identify every down payment assistance program available to you in Austin and show you exactly how much you can save.
Check My DPA EligibilityFirst-time buyer resources
Explore the loan options, credit guidance, and planning tools Austin buyers use before making an offer.
Austin first-time buyer guide
A direct answer for buyers comparing mortgage guidance.
ExploreFHA loans in Austin
Learn how FHA financing can work with a lower down payment.
ExploreFHA credit score requirements
Understand the credit-score guidelines Texas FHA buyers should know.
ExploreFHA vs. conventional loans
Compare two common paths for a first home purchase.
ExploreMortgage payment calculator
Estimate a monthly payment before you start shopping.
Explore