Dallas Down Payment Assistance
Discover how Dallas-area home buyers can receive up to 5% in down payment and closing cost assistance through Texas state programs.
Population
1,304,379
Median Home Price
$310,000
Median Income
$54,747
DPA Available
Up to 5%
Down Payment Assistance in Dallas, Texas
Dallas is one of the fastest-growing cities in the United States and serves as the economic engine of the Dallas-Fort Worth metroplex, the fourth-largest metropolitan area in the nation. With a median home price around $310,000, Dallas presents both opportunity and challenge for home buyers looking to break into this competitive market.
Dallas County income limits for DPA eligibility are based on the DFW metropolitan area, which has relatively high median incomes. This means qualifying thresholds are more generous than in many other Texas counties, allowing more Dallas-area buyers to access TDHCA and TSAHC programs.
The Dallas economy spans technology, telecommunications, financial services, healthcare, and defense. AT&T, Texas Instruments, and numerous Fortune 500 companies call the Dallas area home, creating a steady pipeline of well-paying jobs. Many workers earn enough for monthly mortgage payments but struggle to save for down payments—exactly what DPA programs address.
The surrounding suburbs of Plano, Frisco, McKinney, Richardson, and Garland offer various housing price points, with many properties falling within DPA purchase price caps. Frisco and McKinney have seen explosive growth with new construction popular among young families.
DPA Program Note
Dallas County has higher income limits than most Texas counties. Suburbs offer best value within DPA price limits.
Why Dallas for Homeownership?
Key factors that make Dallas an excellent market for buyers using down payment assistance.
Corporate headquarters hub
Diverse economy
Growing tech sector
Major transportation center
Major Employers in Dallas
Dallas's diverse economy provides stable employment for home buyers qualifying for DPA programs.
Popular Dallas-Area Communities
Explore neighborhoods and suburbs in the Dallas metro where DPA programs can help you buy a home.
DPA Eligibility in Dallas
Most Dallas-area buyers who meet the following criteria can qualify for Texas down payment assistance programs.
- Household income within Dallas County limits (varies by program and family size)
- Minimum credit score of 620 (some programs may allow lower with compensating factors)
- Purchasing a primary residence in the state of Texas
- Completing a HUD-approved homebuyer education course (available online)
- Working with a TDHCA- or TSAHC-approved lender like Cornerstone First Mortgage
- Meeting the purchase price limits for Dallas County (currently up to $472,030 standard or $546,250 in high-cost areas)
Eligibility requirements vary by program. Contact the Cook Brothers Mortgage Team for a personalized eligibility assessment based on your specific financial situation and the Dallas area where you plan to buy.
Dallas DPA FAQs
How much down payment assistance can I get in Dallas?
Home buyers in Dallas can receive up to 5% of the loan amount in down payment assistance through TDHCA and TSAHC programs. On a $310,000 home, that's up to $15,500 in assistance.
What are the income limits for DPA in Dallas County?
Income limits vary by program and household size. Dallas County limits are based on the Dallas-Fort Worth-Arlington Area Median Income (AMI). Generally, households earning up to 115% of AMI can qualify. Use our calculator or contact us for current limits.
Do I have to be a first-time buyer to use DPA in Dallas?
No! While the TDHCA My First Texas Home program is for first-time buyers, the My Choice Texas Home program and some TSAHC options are available to repeat buyers. If you've owned a home before, you may still qualify for assistance in Dallas.
Check Your Eligibility in Dallas
Take our free 60-second quiz to see which Texas DPA programs you may qualify for in the Dallas area. No credit check required, no obligation.
Cook Brothers Mortgage Team at Cornerstone First Mortgage | NMLS #173855