First-time home buyer programs in Lewisville, Texas — down payment assistance
Lewisville Down Payment Assistance

First-Time Home Buyer Programs & Down Payment Assistance in Lewisville, Texas

First-time home buyer programs in Lewisville, TX come in four shapes: some with nothing to repay, a forgivable second lien, a repayable second lien that also reaches closing costs, and a refinance-cost option, each paired with a government-backed mortgage and none requiring a first-time buyer.

Current Program Snapshot

Current down payment assistance guidelines, updated from one source.

One source feeds every down payment assistance page Lendmire publishes; the Lewisville, TX figures below refresh when the program sheets are updated.

Down Payment Help
Up to 5%

Of the purchase price

Measured on the purchase price or the appraised value, whichever is lower; the largest option covers the down payment and reaches closing costs, and the smaller options cover the 3.5% FHA minimum.

Nothing to Repay
3.5%

Covers the whole FHA down payment

The FHA minimum down payment is 3.5%, and this option covers all of it with nothing to pay back — no lien, no payment, no interest — for buyers at or below the area income limit or in a qualifying category.

Income Limit
None

On the forgivable and repayable options

Most of the options carry no income limit, so a higher-earning household qualifies the same as anyone else; only the nothing-to-repay option looks at income, at 140% of the area median, or at a qualifying category.

Credit
620

Credit score to start

The score that opens the nothing-to-repay option; the forgivable options start a step higher and the repayable options higher still. Two-borrower files may use a blended score on the second-lien options.

Assistance options offered in Texas — how much, what it costs to carry, and the credit it takes
OptionAssistanceWhat you repayCredit · mortgage · units
Grant-style assistance — nothing to repay2% or 3.5% of the priceNothing — released at closing620+ · FHA 203(b), FHA repair escrow, FHA Limited 203(k), FHA Standard 203(k) · 1–4 units
Forgivable second lien — three-year3.5% of the priceNothing after 36 on-time mortgage payments640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Forgivable second lien — five-year3.5% of the priceNothing after 60 on-time mortgage payments640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Repayable second lien — thirty-year amortization, ten-year balloon3.5% or 5% of the priceSecond lien, 30-year amortization, balloon in year 10660+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units
Closing-cost repayable second lien3.5% or 5% of the priceSecond lien, 30-year amortization, balloon in year 10660+ · FHA 203(b) · 1–2 units
Refinance-cost second lien (repayable)1% to 3.5% of the balanceSecond lien, repaid660+ · FHA 203(b) · 1–4 units

Current down payment assistance snapshot · updated September 7, 2026 · six options offered in Texas · no option requires a first-time buyer · no option combines with another assistance program · owner-occupied primary residences only.

Program Notice

Program figures are hydrated from one guideline source and change when it changes. The nothing-to-repay option is not offered in every state; the forgivable and repayable options are second liens; no option combines with another assistance program; all are for owner-occupied primary residences. The rate in the calculator is an editable market benchmark, not a quote, and the payment shown is an illustrative estimate; no fee or lender identity appears on this page. Lendmire is the broker, not the lender, and is not affiliated with FHA, USDA, HUD, or the federal government.

Lewisville Down Payment Assistance Guide

What down payment assistance is — and how the options differ.

The first-time home buyer programs in Lewisville, TX answer the most common reason a qualified buyer does not close — the cash to close — with assistance measured on the price and shaped to the buyer’s situation.

For the program overview, see Lendmire’s down payment assistance program, or the statewide guide at Down Payment Assistance in Texas.

01.

Assistance covers the FHA down payment

The gap the program closes for a Lewisville buyer is the minimum investment: the assistance covers that share of the price, the first lien carries the rest, and the buyer’s own savings stay for the move.

02.

Four shapes: grant, forgivable, repayable, refinance

The assistance comes as a grant where it is offered, as a forgivable second lien, or as a repayable second lien; each pairs with the first lien differently, and the options table on this page shows what is offered in Texas.

03.

Credit floors, mortgage programs, and unit counts

Credit decides which options are open; the first lien decides which options attach; the property’s unit count and type decide which option carries it. The options table shows all three side by side.

04.

Eligibility without a first-time-buyer rule

Eligibility is broader than most buyers expect: repeat buyers qualify, income limits apply only to the nothing-to-repay option, and the categories that open it include first responders, educators, medical personnel, civil servants, and military.

The Core Calculation
Lesser of price or value × the option’s percentage = the assistance; minus the down payment = what reaches closing costs

The calculator below runs this math on a price you enter. Choose an assistance option offered in Texas and add any cash of your own; it sizes the minimum investment, the assistance, what is left for closing costs, the FHA loan with its mortgage insurance, and the payment at an editable market benchmark rate.

Lewisville Market Context

Where Lewisville’s first-time and moderate-income buyers shop — and how the assistance fits.

The share of Lewisville, TX households that rent, the median home value, and the median household income together sketch the gap the assistance closes for a first purchase.

Citywide figures provide general market context, not an appraisal or an income calculation. In most markets, the renter households are the pool the program exists for: qualified for a payment close to their rent, short the cash to close; the assistance is the bridge from one to the other.

131,080Population (ACS 2020–2024)
$378,500Median owner-occupied home value (ACS 2020–2024)
53.7%Households that rent (ACS 2020–2024)
$89,233Median household income (ACS 2020–2024)

Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including tenure, home values, gross rents, and household income.

Lewisville Submarkets

Distinct Lewisville submarkets, distinct property rules.

The metropolitan market around Lewisville splits into distinct pockets; a lender underwrites the home in front of it, but the pocket sets the expectations.

01.

New construction and infill

New construction in Lewisville works with the program; the appraisal and the builder’s timeline set the pace, and the assistance closes with the first lien like any other purchase. About 54% of Lewisville’s households rent — roughly 27,874 renter households, the pool the program exists for.

02.

Townhomes and attached homes

In Lewisville, a townhome in a planned development pairs cleanly with the program; the association’s rules and dues are read alongside the first lien, and the assistance covers the down payment. Median gross rent in Lewisville is about $1,670 a month — the payment many renters already carry.

03.

Condominiums close to work

Condominiums are often the entry point in Lewisville, and the assistance follows the first lien: the building needs FHA approval, or a single-unit approval, before the down payment help can attach to it. Median household income in Lewisville sits near $89,233 on the latest Census estimate.

04.

Older neighborhoods and renovation loans

Renovation purchases in Lewisville qualify for the assistance on the price before repairs, which lets a buyer take on a home that needs work without also finding the minimum investment. The median owner-occupied home value in Lewisville runs near $378,500 on the latest Census estimate.

05.

Two-to-four-unit homes, owner-occupied

A buyer who lives in one unit of a Lewisville duplex or triplex can use the program on the whole building; the option that allows up to four units makes a house-hacking purchase reachable with the minimum investment covered. Lewisville counts a population near 131K.

06.

Manufactured homes on owned land

For Lewisville buyers looking at manufactured housing, the assistance is available on owned land, with single-width homes reaching only the option that accepts them. On a home at Lewisville’s median value, the FHA minimum investment comes to about $13,200 — the figure the assistance is built to cover.

Submarket descriptions are general market context; the first lien’s approval, the option’s rules, and full underwriting decide every figure in a file.

How Lewisville Buyers Use the Program

Four ways Lewisville buyers put down payment assistance to work.

Down payment assistance in Lewisville, TX is used for more than a first purchase; these are the structures Lewisville buyers ask about most.

First purchase

Buy a first home with the down payment covered

The most common Lewisville, TX file: an FHA first lien, the assistance covering the minimum investment, and the buyer’s own funds reserved for moving costs and reserves.

Government mortgages

Pair the assistance with a USDA or HUD-184 mortgage

A Lewisville, TX buyer on a USDA or HUD-184 first lien uses the second-lien options, forgivable or repayable; the nothing-to-repay option pairs only with FHA first liens.

Small multi-unit

Buy a two-to-four-unit home and live in one unit

House-hacking in Lewisville, TX pairs with the program when the buyer occupies a unit; the unit count decides which option applies, and the first lien carries the building.

Closing costs

Cover closing costs too on the larger option

A Lewisville buyer who needs more than the minimum investment uses the repayable option that covers down payment, closing costs, and prepaid items, including costs paid outside closing.

Assistance Sizer

Size the assistance on a Lewisville price before requesting a quote.

The calculator does what a loan officer’s first pass does for a Lewisville file — sizes the minimum investment, applies the option, builds the FHA loan with mortgage insurance, and estimates the payment — using the current program figures and an editable benchmark rate.

Editable FHA scenario with assistance

Lewisville FHA payment with assistance

Seeded with Lewisville’s median home value; every field is editable, and the estimate updates as you change the price, the option, your cash, or the rate.

Editable benchmark: 6.71% as of September 3, 2026 · Freddie Mac 30-year average via FRED®. A conventional market reference, not an FHA loan quote.

FHA minimum investment on this price.
Annual mortgage insurance rate applied, and for how long.

Illustrative starting assumptions: a $380,000 price near Lewisville’s median owner-occupied home value (kept where an FHA first lien is realistic), the strongest assistance option offered in Texas applied against the FHA minimum investment, a thirty-year term at the current Freddie Mac benchmark, property taxes and insurance estimated for Texas (U.S. Census Bureau). Every field is editable.

Estimated total monthly housing payment
Principal and interest, FHA mortgage insurance, taxes, insurance and dues, on the total loan with the upfront premium financed.
Total down payment (your cash plus assistance)
Assistance applied to the down payment
Assistance left toward closing costs and prepaids
Your cash toward the down payment
Base loan amount
Upfront mortgage insurance premium, financed
Total loan amount
Principal and interest
Monthly FHA mortgage insurance
Taxes, insurance and dues
Housing and total debt ratios (with income entered)
Where the file lands

Illustrative estimate only — not a Loan Estimate, approval, quote, or commitment to lend. The rate field carries the weekly Freddie Mac thirty-year conventional benchmark, a market reference and not an FHA loan quote; your rate is set by the lender at lock. FHA mortgage insurance follows HUD’s published schedule for the term, leverage and loan size entered; taxes, insurance and dues are editable estimates; closing costs are not included; a repayable second lien adds its own payment, which is not shown here. Consumer mortgage lending licensed in sixteen states. Lendmire is not affiliated with or acting on behalf of FHA, USDA, HUD, or the federal government.

Down Payment Assistance vs. the Alternatives

Same buyer, four very different closings.

Down payment assistance is one of four ways a Lewisville buyer covers the minimum investment; each has a different cost after closing.

Structure Comparison

Assistance on a government loan, saving the minimum, or a gift.

FHA with down payment assistance

Covers the FHA minimum investment as a percentage of the price — some with nothing to repay — with forgivable and repayable second-lien shapes, credit floors in the low six hundreds, and no first-time-buyer rule; the larger option reaches closing costs and prepaids.

FHA with your own minimum investment

The buyer brings the minimum investment from savings, a retirement withdrawal, or seasoned funds; no second lien, no eligibility category, no homebuyer education requirement, and no assistance to carry. For the first lien itself, see Lendmire’s FHA loan program.

USDA or HUD-184 with assistance

On a USDA or HUD-184 first lien, the assistance shifts to the second-lien options and to the closing costs; the nothing-to-repay option pairs only with FHA. For the USDA first lien, see the USDA loan program.

Where each one fits

If the payment fits but the cash to close does not, down payment assistance is the structure; if the cash is there, the plain purchase; if the property is USDA-eligible, the USDA first lien with assistance for costs.

Typical File Components

What to prepare for a Lewisville scenario review.

What a down payment assistance review usually starts with.

Mortgage programFHA, USDA, or HUD-184 — with the county loan limit checked against the price, since only the repayable options carry a high-balance first lien.
Homebuyer education certificateA HUD-approved course, online or in person, completed before closing on the nothing-to-repay option; the course cost is credited back at closing.
Eligibility categoryFor the nothing-to-repay option: proof of a qualifying occupation, first-time-buyer status, the property’s census tract, or income inside the area limit, plus the signed assistance application.
Seasoned fundsAny gift or savings used alongside the assistance, documented the way the first lien requires.
Credit reportA tri-merge report with a score for every borrower; the option’s floor and the first lien’s rules both apply, and a blended score may apply on the second-lien options.
Assets and reservesStatements showing the buyer’s own funds for anything the assistance does not cover, plus any reserves the first lien requires.

This is a general preparation guide, not a universal checklist. The selected lender may request additional information based on the mortgage, the assistance option, the property, and the eligibility category. Nothing here is legal or tax advice.

Lewisville File Considerations

Local details that can change the loan.

These are the points a lender reads on a Lewisville assistance file before the option is confirmed; each one can move the structure.

Before You Move Forward

Use these checks to keep the Lewisville file clean and fundable.

Before making an offer on a Lewisville, TX home, confirm the option, the county loan limit, and the property’s unit count and type.

  • Know the option: read the second lien as the loan it is.
  • Confirm the category: remember that the second-lien options carry no income limit.
  • Understand the clock: expect no resubordination and no additional liens.
i.

The option decides what you owe afterward

The same minimum investment can be covered three ways in Lewisville, TX, and the difference is entirely in what happens after closing: nothing, nothing if the first lien stays current, or a second loan that comes due; the options table shows what is offered.

ii.

The eligibility category for the nothing-to-repay option

The category is checked at application on the nothing-to-repay option, together with the signed assistance application and the education certificate; no option requires a first-time buyer, and the second-lien options carry no income limit.

iii.

The forgiveness clock on the forgivable options

A forgivable second lien is released after the on-time payment period on the first lien — three years on one option, five on the other — with no interest and no payment in between; a serious delinquency inside the period keeps the lien in place.

iv.

Escrow holdbacks for minor repairs

On the second-lien options, minor, non-structural repairs can be escrowed at closing: the repairs must not affect health, safety, or livability, and the work is completed and inspected within a set period after closing.

v.

Property type and unit count select the option

The property itself can move a Lewisville, TX file: a fourplex, a single-width manufactured home, or an unapproved condominium project each changes which option can attach, so the address is read before the option is promised.

A Clear Process

From a Lewisville pre-approval to keys with the assistance in place.

Four steps take a Lewisville, TX assistance file from a first read to funding; the first one is the one most buyers skip.

i.

Pick the option

Lendmire reads the Lewisville scenario against the options offered in Texas: the credit tier, the first lien, the unit count, the category, and whether the help must reach closing costs.

ii.

Get the mortgage approved

Lendmire packages the Lewisville file for the first lien first, because the assistance follows its approval; the option’s floor and the first lien’s rules both have to clear.

iii.

Clear the property

The appraisal, the condominium approval where one applies, the manufactured-home title, and the county loan limit are settled; small repairs go into an escrow holdback where the option allows it.

iv.

Close both loans together

Final underwriting reads the whole Lewisville, TX file against the first lien’s rules and the option’s; the loan funds with the assistance in place and the second lien, where there is one, recorded behind it.

Why Lendmire

A brokerage that pairs the assistance to the loan.

An assistance file rewards preparation, and preparation is what a brokerage built for first-time and moderate-income buyers provides.

i.

The option, matched to the buyer

The nothing-to-repay option where it fits, the forgivable options where it does not, the repayable option where closing costs are the hurdle — chosen for the Lewisville, TX buyer, not by default.

ii.

The mortgage, matched to the property

FHA, USDA, or HUD-184 is chosen with the Lewisville property — its address, its unit count, its type — so the assistance option that pairs with it is the one that attaches.

iii.

The right wholesale program

Assistance programs differ across wholesale lenders in what they offer and where; Lendmire places a Lewisville, TX file where its credit, its first lien, and its property read best, subject to lender program eligibility.

Client Experiences

Trusted by first-time buyers & families alike.

Verified Google Reviews
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Joseph Edwards
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Highly recommend, Cori was awesome to work with and had great communication. She was very helpful and got us through everything to close.
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K Star Real Estate LLC
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Cori on the Lendmire team was phenomenal! She was two steps ahead through the entire process of purchasing an investment property. She was solving problems before anyone knew there could have been a problem. Great communication, great availability, all around a great person to work with. She is the reason our deal closed. We look forward to working with her again in the very near future!
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Tristen Mosley
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Alayna Pack is very knowledgeable, helpful, communicative, and transparent. Highly recommend.
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J Mills
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Leigh is absolutely the best! Professional yet personable, diligent, and incredibly responsive. She was with us throughout the process and helped us secure a competitive rate. Leigh went above and beyond to make sure all of our questions were answered, and offered deep explanations for questions that arose. We felt supported through the entire process and trust her expertise completely. 5 stars!
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Tyjuana Atkinson
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Awesome experience!!!!!!! Leigh had our best interest at heart from beginning to the end.
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Anna Hernandez
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Curt Galbraith was a Great Loan Originator and goes above and beyond for his clients, working with him on this transaction was so easy. I would recommend him for any Buyers looking to Buyer or Refinance. Great Service all around
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RustynKelli Shelton
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Brenda is absolutely one of the most professional hardworking lenders we have ever dealt with; she’s helped clients of ours and now us personally. Her communication is top notch, you never feel like you’re forgotten or left to figure things out on your own, great to answer questions and explain each step. Definitely recommend Brenda to walk along beside you in your purchase process!
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Isaac Alonzo
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As a first time home buyer Curt Galbraith was a wonderful man, he explained everything i had questions about and took time out of his day to meet up late at nights after my night shift, to explain things to me .Over all Curt was really helpful all through closing and always there when you needed him. Thank you so much Curt for helping me through out the whole process.
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Jason Fleck
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Brenda, Samantha and the Lendmire team were absolutely fantastic to work with. We had to jump through some major hurdles to get this home done, which most lenders would have gave up, they kept pushing to get this home done for us. I would absolutely recommend Brenda and team to anybody. Thank you so much for your commitment, communication, perseverance through the whole process. Jason & Brooke
Questions Lewisville Buyers Ask

Lewisville down payment assistance FAQs

The questions a Lewisville, TX buyer asks before requesting an assistance review, answered plainly.

Do I have to be a first-time homebuyer?

Not for any option. First-time status is one path into the nothing-to-repay option, not a requirement of the program.

Is there an income limit?

The second-lien options have none; the nothing-to-repay option has an area income limit that a qualifying occupation, a first purchase, or an underserved tract can substitute for.

What first-time home buyer programs are available in Lewisville?

Assistance measured as a percentage of the price, in shapes that differ by what you owe afterward: nothing, nothing if the first lien stays current, or a second loan with a balloon. Credit, the first lien, the property, and the eligibility category decide which fits.

Do I have to pay the assistance back?

For a Lewisville buyer, the nothing-to-repay option where offered, otherwise a forgivable second lien; the options table on this page shows what each costs to carry.

What credit score do I need?

It depends on the option. The lowest floor belongs to the nothing-to-repay option; the second-lien options start higher, and the first lien’s own rules apply on top.

Can the assistance cover closing costs too?

The repayable options reach closing costs; the others stop at the down payment. A Lewisville buyer short on both uses the larger option.

Do I need a homebuyer education course?

Only the nothing-to-repay option requires it; the certificate is part of that file.

Is there an option for refinancing?

For an existing FHA loan, yes — a repayable option sized on the balance, for a full refinance rather than a streamline.

Can I combine this with another assistance program?

The options do not stack with each other or with local, state, or employer programs; a Lewisville buyer eligible for more than one chooses the one that fits best.

What is the rate on the mortgage and on the assistance?

A scenario review produces the actual terms; the calculator here shows an estimate at a benchmark rate you can change, with the assistance sized on the price you enter.

Get Started

Talk through a Lewisville assistance file before the contract is signed.

Start with the price, the first lien you expect, and your credit tier. No credit pull or commitment is required to request an initial scenario review.