My First Texas Home (MFTH) is a key program offered by the Texas Department of Housing and Community Affairs (TDHCA) to help first-time buyers in Texas become homeowners. It provides down payment and closing cost assistance and pairs with a low-interest mortgage loan—making your homeownership journey easier and more affordable.
❓ What Is the My First Texas Home Program?
My First Texas Home offers qualified buyers a 30-year fixed-rate mortgage along with up to 5% of the loan amount in assistance for down payment and closing costs. This assistance comes in the form of a second lien loan that is either repayable or forgivable, depending on the terms you select.
✅ Who Qualifies for the Program?
You may qualify for My First Texas Home if you meet the following requirements:
- 👨👩👧👦 Be a first-time homebuyer or not have owned a home in the last 3 years
- 🏠 Purchase a home in Texas as your primary residence
- 📉 Meet income and purchase price limits set by TDHCA
- 📘 Complete a homebuyer education course
- 💼 Apply through a TDHCA-approved lender
💵 Benefits of My First Texas Home
- 💲 Up to 5% assistance for down payment and closing costs
- 📉 Fixed, competitive interest rates
- ⏳ Options for forgivable assistance after a set occupancy period
- 🔗 Can be combined with other Texas homebuyer programs
📝 How to Apply in Texas
- 📞 Contact a TDHCA participating lender
- 🧾 Apply for a mortgage under the MFTH program
- 🎓 Complete your homebuyer education course (online or in person)
- 📂 Provide your financial and identification documentation
- 🏡 Close on your new home and receive assistance funds at settlement
📋 Eligibility Requirements
- 📊 Credit score of at least 620 (varies by lender)
- 📝 Must meet county-specific income and purchase limits
- 🏘 Property must be in Texas and meet program standards
- 📘 HUD-approved homebuyer education is mandatory
💡 Tips for Approval
- 📋 Work with a lender experienced in TDHCA programs
- 📆 Start early—education and paperwork can take time
- 🔍 Check your credit report for errors before applying
- 📞 Ask your lender if you qualify for other TDHCA or city-specific grants
❓ FAQs – My First Texas Home
📌 Is the assistance a grant or a loan?
The assistance is typically a second lien loan, which may be forgivable depending on your mortgage type and how long you stay in the home.
🔗 Can I combine MFTH with other programs?
Yes! You can combine it with other Texas state or local programs such as 📝 First-Time Homebuyer Programs in Texas or 💵 Texas Down Payment Assistance.
📊 What are the income limits?
Limits vary by location and household size. Use the TDHCA eligibility calculator for exact figures.
🎯 Is My First Texas Home Right for You?
If you’re buying your first home in Texas, My First Texas Home offers the resources and support to help you succeed. With down payment help, affordable rates, and the backing of a state agency, it’s one of the smartest ways to turn your dream of owning a home into reality.
📥 Apply Now via TDHCA Official Website
