Collin County First-Time Homebuyer Program

What is Collin County First-Time Homebuyer Program?

Collin County First-Time Homebuyer Program is a deferred second loan for homebuyers in Collin County, Texas.

• No independently operated Collin County government down payment assistance program was identified in research. Collin County residents have access to statewide TSAHC (Homes for Texas Heroes and Home Sweet Texas) and TDHCA (My First Texas Home) programs. Individual cities within Collin County such as Frisco and McKinney offer city-specific homebuyer assistance programs.
• Funding comes from Local.

Do you have to pay it back?

Collin County First-Time Homebuyer Program is deferred, so no payments are due until the home is sold, refinanced, or the first mortgage is paid off.

• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Collin County First-Time Homebuyer Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

What kind of home can it be used for?

Collin County First-Time Homebuyer Program can be used for Single-family.

• New construction is eligible.

Where does it apply?

Collin County First-Time Homebuyer Program serves buyers purchasing in Collin County, Texas.

How do you apply?

Applications for Collin County First-Time Homebuyer Program go through the administering agency, which publishes the current terms and the application steps on its own site.

1. 1

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.