Do I have to be a first-time buyer to get down payment assistance in Houston?
Written by the Warens Financial Group education team · Reviewed by Franklin Warens, Mortgage Broker, NMLS #1249423
It depends on the program. TDHCA My First Texas Home and the City of Houston Homebuyer Assistance Program generally require first-time buyer status, defined as not owning a home in the prior 3 years. TDHCA My Choice Texas Home and some TSAHC options can be open to repeat buyers.
Definitions of first-time buyer vary slightly by program, and some make exceptions, for example for buyers in certain target areas or veterans. If you have owned a home before, do not assume you are automatically ineligible; ask a licensed loan officer to check your situation against each program's current rules before ruling anything out.
This answer is part of our guide Down Payment Assistance Programs Houston Buyers Can Use.
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More questions
- What is the difference between TDHCA and TSAHC down payment assistance?
- How much is the City of Houston Homebuyer Assistance Program worth?
- Can I combine down payment assistance with an FHA loan in Houston?
- Are there income limits for Texas down payment assistance programs?
- Is down payment assistance free money I never have to pay back?
- Do I need a homebuyer education course to get down payment assistance in Texas?
Educational content only; not financial, legal, or tax advice, a commitment to lend, or an offer of credit. Program requirements vary by lender and change over time; eligibility depends on your full financial profile. Warens Financial Group, NMLS #2532048. Franklin Warens, Mortgage Broker, NMLS #1249423. Equal Housing Opportunity.
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