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.
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.
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.
What down payment assistance is — and how the options differ.
For Wimberley, TX buyers, the first-time home buyer programs work the same way: 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
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.
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
A Wimberley buyer who has owned before is eligible; the second-lien options carry no income limit and no first-time-buyer rule, and the nothing-to-repay option opens on any one of four categories.
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. A large renter share signals demand for the program; a moderate median value signals that the minimum investment is within the assistance’s reach; 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 household income in Wimberley sits near $80,362 on the latest Census estimate.
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. The median owner-occupied home value in Wimberley runs near $550,800 on the latest Census estimate.
County-limit homes
Where Wimberley prices run high, the first lien’s size against the county limit is settled before the option is chosen. About 33% of Wimberley’s households rent — roughly 454 renter households, the pool the program exists for.
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. Median gross rent in Wimberley is about $1,293 a month — the payment many renters already carry.
Workforce condominiums
Buyers in Wimberley’s condominium buildings use the program on approved projects, with the building’s status settled before the closing is scheduled. Wimberley counts a population near 2.9K.
USDA-eligible edges
For Wimberley buyers in USDA-eligible territory, the assistance covers what the USDA first lien does not. 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.
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 a small multi-unit building to an FHA refinance, down payment assistance in Wimberley, TX solves a specific set of problems.
Buy a first home with the down payment covered
For a first purchase in Wimberley, the assistance closes the down payment gap; the option is chosen by credit, first lien, and eligibility category.
Buy a home that needs work with a renovation mortgage
A Wimberley buyer taking on a fixer pairs a limited or standard renovation first lien with the assistance; the help is figured on the purchase price, and the loan covers price plus repairs.
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 two-to-four-unit home and live in one unit
House-hacking in Wimberley, 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.
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: 6.71% as of September 3, 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 (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.
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, four 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 a government loan, saving the minimum, or a gift.
Assistance paired with the first lien at closing: the minimum investment covered, the shape chosen by credit, first lien, and eligibility category, and the second-lien options open to repeat buyers with no income limit.
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 and repayable options, which then cover closing costs and prepaids rather than a down payment the first lien does not require. 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.
Three checks keep a Wimberley assistance file on track: know which option the credit tier opens, know which first lien the property can carry, and know the category that opens the nothing-to-repay option.
- Know the option: confirm the option is offered in the state.
- Confirm the category: remember that the second-lien options carry no income limit.
- Take the course: keep the certificate for the file.
The option decides what you owe afterward
Choose the shape before the amount: the forgivable options cover the minimum investment and cost nothing to carry when the first lien stays current; the repayable option covers more and is repaid; a nothing-to-repay option released at closing where it 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
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.
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?
A Wimberley buyer above the area income limit still reaches the nothing-to-repay option through an occupation, a first purchase, or the tract, and reaches the second-lien options regardless of income.
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?
For a Wimberley 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.
How does a forgivable second lien work — the small second loan behind the mortgage?
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?
Matches the option to the buyer and the first lien to the property, then runs both through approval and closing; Lendmire 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.
Also in Texas: McKinney · Grapevine · Lubbock · Little Elm · FHA Loans · USDA Loans