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Tyler First Time Homebuyers Program

Tyler, Texas

Last verified
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Assistance

$14,999

The maximum the program publishes — not an offer

Income limit

80% AMI

Of area median income; varies by county and household size

Repayment

Grant

Not repaid

What is Tyler First Time Homebuyers Program?

Tyler First Time Homebuyers Program is a grant for homebuyers in Tyler, Texas.

  • The City of Tyler First Time Homebuyers Program assists low-to-moderate-income first-time buyers with tiered down payment and closing cost assistance: up to $7,500 for existing homes (5-year lien), up to $14,999 for newly constructed homes (5-year lien), and up to $25,000 for HUD Initiative Homes (10-year lien). The home must be a single-family dwelling within Tyler city limits and must pass a city inspection.
  • Up to $7,500 for existing homes (5-year lien).
  • Up to $14,999 for new construction (5-year lien).
  • Up to $25,000 for HUD Initiative Homes (10-year lien).
  • Home must pass city inspection.
  • Funding comes from Federal.

How much assistance does it provide?

Tyler First Time Homebuyers Program offers up to $14,999 in assistance.

  • The program can be combined with other assistance, subject to the rules of each.
  • Amounts are the program's published maximums, not an offer — the administering agency determines any individual award.

Do you have to pay it back?

Tyler First Time Homebuyers Program is structured as a grant, so it is not repaid.

  • Repayment is triggered by Sale, Refinance, and No Longer Primary.
  • The assistance is recorded in 2nd Lien position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

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

The program requires

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

The program excludes

  • Households above 80% of area median income

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

What are the income limits?

Tyler First Time Homebuyers Program limits household income to 80% of the area median income, which varies by county and household size.

  • Household income at or below 80% AMI; exact limits vary by household size per HUD guidelines.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Tyler First Time Homebuyers Program can be used for Single-family.

  • New construction is eligible.

Where does it apply?

Tyler First Time Homebuyers Program serves buyers purchasing in Tyler, Texas.

How do you apply?

Applications for Tyler First Time Homebuyers Program go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program before funds are reserved.

  2. Contact the administering agency to reserve funds

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

  3. 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.

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