San Antonio offers extensive resources for first-time homebuyers to help them navigate the process and access financial assistance.
Educational resources: SABOR (San Antonio Board of Realtors) offers buyer education classes. HUD-approved counseling agencies provide one-on-one guidance.
Financial assistance: TSAHC down payment grants, TDHCA My First Texas Home program, city of San Antonio homebuyer assistance programs, and MCC tax credits.
Educational Resources
SABOR: homebuyer education classes (online and in-person). HUD-approved agencies: NHS San Antonio, SAHA, and the Homeownership Council of America offer counseling.
DPA Programs
TSAHC: grants up to 5% of loan amount. TDHCA: below-market rates plus DPA up to 5%. MCC: federal tax credit worth 20-40% of mortgage interest.
Counseling Services
Free or low-cost counseling: HUD-approved agencies offer pre-purchase counseling (gen_94_100.sh-0). Topics: budgeting, credit improvement, mortgage process, and post-purchase.
City Programs
City of San Antonio: Homeownership Incentive Program (targeted areas), Neighborhood Stabilization Program (specific neighborhoods). Check current availability.
Lender Programs
Many lenders offer educational programs and first-time buyer workshops. These are usually free and cover the entire home buying process.
How to Access Each
The best approach: use multiple resources. Complete homebuyer education, meet with a HUD counselor, and work with a lender who can help you access DPA and other programs.