Georgetown Down Payment Assistance
Discover how Georgetown-area home buyers can receive up to 5% in down payment and closing cost assistance through Texas state programs.
Population
83,767
Median Home Price
$425,000
Median Income
$75,000
DPA Available
Up to 5%
Down Payment Assistance in Georgetown, Texas
Georgetown has grown from a quiet county seat into one of the most desirable cities in the Austin metro, known for its charming historic downtown and strong sense of community. With a median home price around $425,000, Georgetown attracts families and retirees seeking small-town character with big-city proximity.
Williamson County income limits allow many Georgetown buyers to access DPA programs. The city's demographics include both young families using TDHCA programs and professionals eligible for TSAHC assistance based on their occupations.
Sun City, one of Texas's largest active adult communities, has made Georgetown a retirement destination. Younger families are drawn to neighborhoods like Wolf Ranch and Berry Creek for their excellent schools and community amenities. The historic downtown square hosts year-round events and attracts visitors from across Central Texas.
While Sun City and premium neighborhoods exceed DPA limits, newer developments on Georgetown's eastern edge offer more affordable options. The growing commercial base along I-35 has reduced the need for commuting to Austin for employment.
DPA Program Note
Eastern developments often within DPA limits. Sun City and premium areas typically exceed program caps.
Why Georgetown for Homeownership?
Key factors that make Georgetown an excellent market for buyers using down payment assistance.
Historic downtown square
Active adult communities
Southwestern University
Blue Hole swimming area
Major Employers in Georgetown
Georgetown's diverse economy provides stable employment for home buyers qualifying for DPA programs.
Popular Georgetown-Area Communities
Explore neighborhoods and suburbs in the Georgetown metro where DPA programs can help you buy a home.
DPA Eligibility in Georgetown
Most Georgetown-area buyers who meet the following criteria can qualify for Texas down payment assistance programs.
- Household income within Williamson 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 Williamson 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 Georgetown 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?
Georgetown DPA FAQs
How much down payment assistance can I get in Georgetown?
Home buyers in Georgetown can receive up to 5% of the loan amount in down payment assistance through TDHCA and TSAHC programs. On a $425,000 home, that's up to $21,250 in assistance.
What are the income limits for DPA in Williamson County?
Income limits vary by program and household size. Williamson County limits are based on the Austin-Round Rock-Georgetown 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 Georgetown?
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 Georgetown.
Check Your Eligibility in Georgetown
Take our free 60-second quiz to see which Texas DPA programs you may qualify for in the Georgetown area. No credit check required, no obligation.
Cook Brothers Mortgage Team at Cornerstone First Mortgage | NMLS #173855