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Collin County First-Time Homebuyer Program

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

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Check if this fits me Official program site ↗

The program asks for

  • First-time homebuyer — the program sets its own definition
  • The home is occupied as a primary residence
  • Citizenship or immigration status: yes
  • A home in Collin County

It doesn’t cover

  • Homes outside Collin County

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

Where it applies

Collin County’s homes

  • 67.7% single-family
  • 2.7% townhouse
  • 2.7% 2–4 units
  • 25.2% 5+ units
  • 1.7% mobile & other

A tick marks a kind of home the program’s record lists. The agency confirms it for the home you choose.

$475,600

Collin County median home value

10.4%

built before 1980

U.S. Census Bureau, ACS 2024 5-year. More about buying in Collin County

How to apply

  1. Contact the administering agency to reserve funds

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

  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 homebuyer can take it to a lender or housing counselor.

Questions about this 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 homebuyers who will live in the home as their primary residence. "First-time homebuyer" usually means not having owned a home in the last three years, but the program sets its own definition. Citizenship or immigration status: yes.

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

Also for Collin County homebuyers

Whether two programs can be combined is up to each agency. Ask before you apply.

All 104 programs for Collin County

Program terms are set by the administering agency and can change; confirm on the official site before you apply.