Current down payment assistance guidelines, updated from one source.
One source feeds every down payment assistance page Lendmire publishes; the Wimberley, TX figures below refresh when the program sheets are updated.
Of the purchase price
Assistance is sized as a share of the price, never a fixed sum: the biggest option covers the down payment and reaches closing costs, the smaller ones cover the 3.5% FHA minimum down payment, in whole or, on the lowest tier, in part.
Covers the FHA down payment, in whole or in part
The FHA minimum down payment is 3.5%, and this option covers it in whole or, on its lower tier, in part 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.
On the forgivable and repayable options
The forgivable and repayable options have no income limit at all — one of the biggest advantages of this program. Only the nothing-to-repay option asks for income at or below 140% of the area median, or a qualifying category.
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.
| Option | Assistance | What you repay | Credit · mortgage · units |
|---|---|---|---|
| Grant-style assistance — nothing to repay | 2% or 3.5% of the price | Nothing — released at closing | 620+ · FHA 203(b), FHA repair escrow, FHA Limited 203(k), FHA Standard 203(k) · 1–4 units |
| Forgivable second lien — three-year | 3.5% of the price | Nothing after 36 on-time mortgage payments | 640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units |
| Forgivable second lien — five-year | 3.5% of the price | Nothing after 60 on-time mortgage payments | 640+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units |
| Repayable second lien — thirty-year amortization, ten-year balloon | 3.5% or 5% of the price | Second lien, 30-year amortization, balloon in year 10 | 660+ · FHA 203(b), FHA Limited 203(k), HUD-184, USDA · 1–2 units |
| Closing-cost repayable second lien | 3.5% or 5% of the price | Second lien, 30-year amortization, balloon in year 10 | 660+ · FHA 203(b) · 1–2 units |
| Refinance-cost second lien (repayable) | 1% to 3.5% of the balance | Second lien, repaid | 660+ · 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.
This page describes down payment assistance at the program level. The option for any file comes from the credit tier, the first lien, the property, and the eligibility category; the first lien’s approval, the appraisal, and full underwriting decide the actual terms, subject to lender program eligibility. Nothing here is a quote, a fee, or a commitment to lend; the calculator’s rate is a market benchmark you can edit and its payment an estimate. Lendmire is never the lender and is not affiliated with FHA, USDA, HUD, or the federal government. Lendmire, LLC — NMLS #2371349. Equal Housing Opportunity.
What down payment assistance is — and how the options differ.
For Wimberley, TX buyers, the first-time home buyer programs come down to three parts: the first lien carries most of the price, the assistance covers the minimum investment, and the shape of the assistance — nothing to repay, forgivable, or repayable — decides what it costs to carry.
For the program overview, see Lendmire’s down payment assistance program, or the statewide guide at Down Payment Assistance in Texas.
Assistance covers the FHA down payment
In Wimberley, TX, the assistance attaches to the first lien at closing and covers the buyer’s required investment; on the larger option, what remains after the minimum investment goes toward closing costs.
Four shapes: grant, forgivable, repayable, refinance
Nothing to repay, forgiven over time, or repaid with a balloon: the three purchase shapes in Wimberley, TX cover the same minimum investment and differ in what the buyer owes afterward, and a fourth, the refinance-cost option, serves an existing FHA loan.
Credit floors, mortgage programs, and unit counts
A Wimberley file is placed by three things — the credit tier, the first-lien program, and the property — and the options table on this page shows the floor, the first liens, and the unit limit for every option offered in Texas.
Eligibility without a first-time-buyer rule
In Wimberley, TX, the question is not whether this is a first home; it is which option fits the credit, the first lien, and the property — and, for the nothing-to-repay option, which qualifying category applies.
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.
Where Wimberley’s first-time and moderate-income buyers shop — and how the assistance fits.
These Wimberley, TX figures describe the market, not a borrower; the first lien’s approval and the option’s rules carry the file, and the numbers here only explain the neighborhood it sits in.
Read the figures as backdrop. The renter share says how many households the program could serve; the median value says how far the minimum investment sits from a typical price; the two together describe where the program closes most files.
Data sources: U.S. Census Bureau — ACS 5-Year (2024) housing and population estimates, including tenure, home values, gross rents, and household income.
Distinct Wimberley submarkets, distinct property rules.
Across Wimberley’s year-round neighborhoods, workforce housing, and the homes behind the visitor economy, the same program produces different closings because prices, property types, and first liens differ block by block.
Townhome and PUD communities
In Wimberley’s planned communities, the assistance works the same way as on a detached home, with the association package read alongside the file. Median gross rent in Wimberley is about $1,293 a month — the payment many renters already carry.
Year-round neighborhoods
Second homes and rentals are outside the program; a Wimberley buyer’s own home in a year-round neighborhood is exactly inside it. About 33% of Wimberley’s households rent — roughly 454 renter households, the pool the program exists for.
County-limit homes
Where Wimberley prices run high, the first lien’s size against the county limit is settled before the option is chosen. On a home at Wimberley’s median value, the FHA minimum investment comes to about $19,300 — the figure the assistance is built to cover.
Manufactured homes on owned land
For Wimberley buyers choosing manufactured housing, the assistance is available on owned land, with the option set by the home’s width. The median owner-occupied home value in Wimberley runs near $550,800 on the latest Census estimate.
Workforce condominiums
Condominiums are often the reachable option in Wimberley, and the assistance follows the first lien: the building needs FHA approval, and hotel-style projects are outside the program. Wimberley itself counts a population near 2.9K.
USDA-eligible edges
Outside Wimberley’s core, USDA-eligible areas pair a no-down-payment first lien with the second-lien assistance options, which then cover closing costs and prepaids. Median household income in Wimberley sits near $80,362 on the latest Census estimate.
None of this is a valuation or an approval; it is the backdrop a Wimberley file is read against before the first lien and the option decide the numbers.
Four ways Wimberley buyers put down payment assistance to work.
From a first home to an FHA refinance, down payment assistance in Wimberley, TX solves a specific set of problems, and the cards below take up the ones that come up most.
Buy a first home with the down payment covered
The most common Wimberley, TX file: an FHA first lien, the assistance covering the minimum investment, and the buyer’s own funds reserved for moving costs and reserves.
Buy a home that needs work with a renovation mortgage
For an older Wimberley home, the renovation first lien and the assistance fit together, with the assistance measured on the purchase price rather than the repaired value.
Cover the costs of an FHA refinance
The refinance-cost option in Wimberley, TX is for an existing FHA loan, not a streamline, and not a loan that already carries assistance; it is sized on the lesser of balance or value.
Buy a small multi-unit home and live in one unit
For a Wimberley buyer choosing a small multi-unit home, the assistance attaches to the first lien on the building, up to the option’s unit limit, with the buyer living in one of the units.
Size the assistance on a Wimberley price before requesting a quote.
Run a Wimberley price through the options before you request a quote: the minimum investment, the assistance applied, what is left for closing costs, the mortgage insurance tier, and the estimated payment. Enter income to see the ratios a lender reads.
Wimberley FHA payment with assistance
Illustrative Wimberley inputs; the calculator recalculates on every change.
Editable benchmark: 7.28% as of October 1, 2026 · Freddie Mac 30-year average via FRED®. A conventional market reference, not an FHA loan quote.
Illustrative starting assumptions: a $550,000 price near Wimberley’s median owner-occupied home value, 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.
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.
Same buyer, three very different closings.
A Wimberley, TX buyer can reach the closing table several ways; the difference is where the minimum investment comes from and what it costs to carry afterward.
Assistance on an FHA loan, your own down payment, or assistance on a USDA or HUD-184 loan.
The structure for a Wimberley buyer who qualifies for the payment but not the cash to close — the help is sized on the price and the option decides what, if anything, is owed afterward.
For a Wimberley, TX buyer with the cash in hand, the plain FHA purchase is the cleaner file; the assistance exists for the buyer who does not have it yet. For the first lien itself, see Lendmire’s FHA loan program.
USDA and HUD-184 first liens pair with the forgivable options and the ten-year repayable option on a Wimberley, TX file; the separate closing-cost option is FHA only. For the USDA first lien, see the USDA loan program.
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.
What to prepare for a Wimberley scenario review.
A typical starting file for a first purchase with assistance.
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.
Local details that can change the loan.
Every Wimberley file is underwritten individually, but the same handful of considerations recur; they are worth settling before the contract is signed.
Use these checks to keep the Wimberley file clean and fundable.
The checks below keep a Wimberley assistance file on track, and each one comes from the option’s own terms rather than from a lender’s preference.
- Know the option: confirm the option is offered in the state.
- Confirm the category: remember that the second-lien options need no category and carry no income limit.
- Take the course: keep the certificate for the file.
The option decides what you owe afterward
The same minimum investment can be covered three ways on a purchase in Wimberley, 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.
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.
Homebuyer education on the nothing-to-repay option
For a Wimberley buyer heading for the nothing-to-repay option, the course is the first thing to schedule; the certificate is part of the file, closing waits on it, and the cost is credited back at the table.
Escrow holdbacks for minor repairs
A Wimberley home with a small repair list does not have to wait for the work before closing; the escrow holdback carries it, within the program’s cap and timeline, with an inspection when the work is done.
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.
From a Wimberley pre-approval to keys with the assistance in place.
The path from a Wimberley pre-approval to keys with the assistance in place runs through the option first and the paperwork second.
Pick the option
The first step is the option: which ones the credit opens, which the first lien allows, and which costs the least to carry for a Wimberley, TX buyer — settled before anything is ordered.
Get the mortgage approved
The first lien’s approval carries the file; the assistance is arranged alongside it, with the eligibility category and the education certificate in hand where they apply.
Clear the property
Property review runs in parallel with the first lien; the Wimberley home is checked against the option’s rules and the first lien’s, from the unit count to the association package.
Close both loans together
Final underwriting reads the whole Wimberley, 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.
A brokerage that pairs the assistance to the loan.
Pairing the right assistance to the right first lien for a Wimberley buyer means knowing which option the credit opens, which the property allows, and what each costs to carry — before the contract is signed.
The option, matched to the buyer
A Wimberley scenario is placed on the right option first — the credit tier, the first lien, and the category — and the rest of the file is then built to fit it, before anything is ordered.
The mortgage, matched to the property
FHA, USDA, or HUD-184 is chosen with the Wimberley property — its address, its unit count, its type — so the assistance option that pairs with it is the one that attaches.
The right wholesale program
Not every wholesale lender carries down payment assistance, and the ones that do differ on shape, floors, and states; Lendmire knows which is which.
Trusted by first-time buyers & families alike.
Wimberley down payment assistance FAQs
Straight answers for Wimberley buyers weighing down payment assistance; the mortgage approval and the option’s rules decide every actual figure.
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 Wimberley?
A Wimberley buyer can cover the FHA minimum investment through a nothing-to-repay option where offered, a forgivable second lien, or a repayable second lien that reaches closing costs; the calculator on this page sizes each one on a price you enter.
Do I have to pay the assistance back?
A nothing-to-repay option is released at closing with no lien and no payment. The forgivable second liens also cost nothing — no interest, no payment — as long as the mortgage stays current through the forgiveness period, and they pair with USDA and HUD-184 mortgages as well as FHA. The repayable options are loans, with a monthly payment and a balloon.
What credit score do I need?
Scores in the low six hundreds open the first option, and each step up in score opens more of them. The mortgage program has its own rules too, so the credit score, the mortgage, and the property are read together before the option is named.
How does a forgivable second lien work — the small second loan behind the mortgage?
It is a lien that costs nothing to carry and disappears on schedule; the clock runs with the first lien’s payments.
Can I combine this with another assistance program?
One option, one first lien, one closing — no combination with other assistance.
Can I use the assistance on a second home or a rental?
Primary residences only. Investment properties and second homes are outside the program.
What does Lendmire do on a Wimberley first-time home buyer file?
Lendmire matches the option to the buyer and the first lien to the property, then runs both through approval and closing; it brokers the loan through its wholesale network and is never the lender.
Can I buy a duplex or a fourplex with assistance?
Two units on the second-lien options, up to four on the nothing-to-repay option, always with the buyer living in one of them.
Talk through a Wimberley assistance file before the contract is signed.
A first read of a Wimberley assistance scenario takes a few minutes and commits you to nothing; the option, the category, and the property rules are explained before anything is ordered.
This guide covers Wimberley — for the statewide options, categories, and property rules, see Down Payment Assistance in Texas, part of Lendmire’s down payment assistance program.
Nearby markets in Texas: San Marcos · Kyle · New Braunfels · Austin · Cedar Park · Leander · Pflugerville · San Antonio
Related programs: FHA Loans · USDA Loans · FHA 203(k) Rehab Loans