The Home Sweet Texas Home Loan Program offers up to 5% of your home’s purchase price as down payment assistance.
This program is designed for low to moderate-income families in Texas. There’s no requirement to be a first-time homebuyer, and assistance is available in the form of a grant or a deferred forgivable loan.
Use the calculator below to estimate the assistance you may qualify for. Just enter your home purchase price, annual income, and credit score to get started.
After entering your details, click the "Calculate" button to see your estimated down payment assistance and check your eligibility.
(Input the total price of the home you are planning to buy. This helps calculate how much down payment assistance you may be eligible for.)
(Input your yearly income before taxes. This will be used to determine whether you meet the program's income eligibility criteria.)
(Input your credit score. A minimum score of 620 is required to qualify for the Home Sweet Texas Home Loan Program.)
The Home Sweet Texas program provides down payment assistance equal to up to 5% of the home’s purchase price. For example:
$250,000 home: Up to $12,500 in assistance.
$300,000 home: Up to $15,000 in assistance.
The assistance is available as either a grant or a deferred forgivable loan, which is forgiven if you stay in your home and make timely payments for three years.
Get up to 5% assistance for down payment and closing costs.
Available to first-time and repeat homebuyers.
No first-time buyer requirement.
Available as a grant or forgivable loan.
Low fees and straightforward terms.
To qualify for the Home Sweet Texas Home Loan Program, you must meet the following criteria:
Minimum credit score: 620 or higher.
Income limits: Vary by county, ranging from $71,280 to $97,840.
Debt-to-Income (DTI) ratio: No maximum with AUS approval. FHA manual underwrites are allowed up to 43% DTI if your FICO score is at least 640.
Residency: Available statewide to Texas residents.
