Abilene Down Payment Assistance
Discover how Abilene-area home buyers can receive up to 5% in down payment and closing cost assistance through Texas state programs.
Population
126,136
Median Home Price
$200,000
Median Income
$49,507
DPA Available
Up to 5%
Down Payment Assistance in Abilene, Texas
Abilene is a mid-sized city in West Texas known for its three universities, military presence, and strong faith-based community. With a median home price around $200,000, Abilene offers affordable housing and a high quality of life.
Taylor County income limits make DPA accessible to most Abilene households. The TSAHC Homes for Texas Heroes program is popular due to Dyess Air Force Base and the city's veteran population.
Dyess Air Force Base hosts B-1 bomber and C-130 operations, bringing military families to the area. Abilene Christian University, Hardin-Simmons University, and McMurry University create a college-town atmosphere. Hendrick Health serves as the regional medical center.
Southwest Abilene has seen most new residential development. The Wylie area provides suburban living with access to excellent Wylie ISD schools. North Abilene offers established neighborhoods, while Buffalo Gap provides rural Hill Country living.
DPA Program Note
Affordable market with strong military presence. TSAHC Heroes program well-utilized.
Why Abilene for Homeownership?
Key factors that make Abilene an excellent market for buyers using down payment assistance.
Three universities
Dyess Air Force Base
Affordable West Texas living
Strong faith community
Major Employers in Abilene
Abilene's diverse economy provides stable employment for home buyers qualifying for DPA programs.
Popular Abilene-Area Communities
Explore neighborhoods and suburbs in the Abilene metro where DPA programs can help you buy a home.
DPA Eligibility in Abilene
Most Abilene-area buyers who meet the following criteria can qualify for Texas down payment assistance programs.
- Household income within Taylor County limits (varies by program and family size)
- Minimum credit score of 620 (some programs may allow lower with compensating factors)
- Purchasing a primary residence in the state of Texas
- Completing a HUD-approved homebuyer education course (available online)
- Working with a TDHCA- or TSAHC-approved lender like Cornerstone First Mortgage
- Meeting the purchase price limits for Taylor County (currently up to $472,030 standard or $546,250 in high-cost areas)
Eligibility requirements vary by program. Contact the Cook Brothers Mortgage Team for a personalized eligibility assessment based on your specific financial situation and the Abilene area where you plan to buy.
Check Your Eligibility
Answer a few quick questions to see if you qualify
Have you owned a home in the last 3 years?
Abilene DPA FAQs
How much down payment assistance can I get in Abilene?
Home buyers in Abilene can receive up to 5% of the loan amount in down payment assistance through TDHCA and TSAHC programs. On a $200,000 home, that's up to $10,000 in assistance.
What are the income limits for DPA in Taylor County?
Income limits vary by program and household size. Taylor County limits are based on the Abilene Area Median Income (AMI). Generally, households earning up to 115% of AMI can qualify. Use our calculator or contact us for current limits.
Do I have to be a first-time buyer to use DPA in Abilene?
No! While the TDHCA My First Texas Home program is for first-time buyers, the My Choice Texas Home program and some TSAHC options are available to repeat buyers. If you've owned a home before, you may still qualify for assistance in Abilene.
Check Your Eligibility in Abilene
Take our free 60-second quiz to see which Texas DPA programs you may qualify for in the Abilene area. No credit check required, no obligation.
Cook Brothers Mortgage Team at Cornerstone First Mortgage | NMLS #173855