Texas Down Payment Assistance Changes Homeownership Game Forever

Understanding Down Payment Assistance Programs

Down payment assistance programs are designed to help first-time homebuyers, and sometimes repeat buyers, with the initial costs of purchasing a home. These programs can offer grants, low-interest loans, or deferred payment loans that significantly reduce the upfront financial burden. In Texas, these programs are often supported by state and local government agencies, non-profit organizations, and even some financial institutions.