These are illustrative scenarios showing how the loan type, programs, and concessions can combine on a typical Texas purchase. They are educational examples, not records of specific past clients. Individual eligibility, funding availability, and lender approval determine actual results.
A teacher closed on a $350k home in Round Rock with $1,800 out of pocket. The seller covered 4% in closing costs, TDHCA contributed a $10,000 down-payment grant, and the 30% MCC delivers $1,950/yr in federal tax credits for the life of the loan.
A San Antonio ISD teacher qualified for TSAHC's Educator Grant tier, layered a lender credit at quote stage, and used FHA's 6% concession allowance to bring true cash to close under $3,200.
A Fort Worth family used Tarrant County DPA paired with a seller-paid 2-1 temporary buydown - first-year payment dropped by ~$340/mo while the buyer's qualifying rate stayed at the note rate.
Houston-area veteran used VA's $0-down structure plus a TDHCA grant to fully cover the funding fee and prepaids - moved in with zero cash to close.
A nurse stacked the City of Dallas $0-interest deferred loan with a 35% MCC. Closing came in $2,100 under budget after the seller agreed to a 3% credit.
Outside El Paso city limits, the home qualified for USDA's 0%-down loan. Layered with El Paso County's deferred-payment DPA, the buyer brought $0 down and just $900 in prepaids.
Disclaimer: The scenarios above are illustrative examples constructed for educational purposes. They do not represent specific past clients and are not a guarantee, prediction, or promise of eligibility, program funding, lender approval, tax treatment, or savings. Program rules, funding availability, and lender pricing change frequently. Verify current details directly with the issuing agency and a licensed lender or tax professional before relying on any figure shown.
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