El Paso Down Payment Assistance
Discover how El Paso-area home buyers can receive up to 5% in down payment and closing cost assistance through Texas state programs.
Population
681,728
Median Home Price
$215,000
Median Income
$49,384
DPA Available
Up to 5%
Down Payment Assistance in El Paso, Texas
El Paso is the most affordable major city in Texas, with a median home price around $215,000 making homeownership accessible to a wide range of buyers. The city's strong military presence and border economy create stable employment opportunities.
Note that El Paso County is excluded from SETH programs, so buyers should focus on TDHCA and TSAHC options for down payment assistance. El Paso's affordable housing means most homes fall well within DPA purchase price limits, maximizing buyer benefits.
Fort Bliss, one of the largest military installations in the US, employs thousands of soldiers and civilian workers. The TSAHC Homes for Texas Heroes program is especially valuable for El Paso's large military and veteran population. UTEP brings education jobs and a student population to the economy.
West El Paso offers newer construction and higher-end homes, while Northeast El Paso provides more affordable family neighborhoods. Horizon City and Socorro on the eastern edge have attracted new development targeting first-time buyers.
DPA Program Note
El Paso is SETH-excluded—use TDHCA/TSAHC. Affordable pricing means most homes qualify for maximum DPA.
Why El Paso for Homeownership?
Key factors that make El Paso an excellent market for buyers using down payment assistance.
Most affordable major Texas city
Major military installation
Bilingual workforce
Border city economy
Major Employers in El Paso
El Paso's diverse economy provides stable employment for home buyers qualifying for DPA programs.
Popular El Paso-Area Communities
Explore neighborhoods and suburbs in the El Paso metro where DPA programs can help you buy a home.
DPA Eligibility in El Paso
Most El Paso-area buyers who meet the following criteria can qualify for Texas down payment assistance programs.
- Household income within El Paso 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 El Paso 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 El Paso 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?
El Paso DPA FAQs
How much down payment assistance can I get in El Paso?
Home buyers in El Paso can receive up to 5% of the loan amount in down payment assistance through TDHCA and TSAHC programs. On a $215,000 home, that's up to $10,750 in assistance.
What are the income limits for DPA in El Paso County?
Income limits vary by program and household size. El Paso County limits are based on the El Paso 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 El Paso?
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 El Paso.
Check Your Eligibility in El Paso
Take our free 60-second quiz to see which Texas DPA programs you may qualify for in the El Paso area. No credit check required, no obligation.
Cook Brothers Mortgage Team at Cornerstone First Mortgage | NMLS #173855