Texas Down Payment Assistance Changes Homeownership Game Forever

In Texas, there are several types of down payment assistance programs to consider:

• Grants: These do not require repayment and are often income-based. They are ideal for those who qualify for specific criteria, such as first-time homebuyers or those with certain income levels.
• Deferred Payment Loans: These loans do not require repayment until the home is sold or refinanced. This option allows buyers to manage their finances more flexibly.
• Low-Interest Loans: These loans provide the necessary funds at a lower interest rate than conventional loans, making them more affordable over time.