Lubbock Down Payment Assistance
Discover how Lubbock-area home buyers can receive up to 5% in down payment and closing cost assistance through Texas state programs.
Population
264,728
Median Home Price
$225,000
Median Income
$52,388
DPA Available
Up to 5%
Down Payment Assistance in Lubbock, Texas
Lubbock is the commercial and educational hub of West Texas, home to Texas Tech University and major healthcare systems. With a median home price around $225,000, Lubbock offers affordable housing and a strong sense of community.
Lubbock County income limits make DPA accessible to most buyers, and the city's affordable housing means nearly all homes qualify for state assistance. Texas Tech employees and students transitioning to homeownership are common DPA users.
Texas Tech University dominates the local economy with education jobs and a student population exceeding 40,000. Covenant Health and UMC Health System make Lubbock a regional healthcare center serving all of West Texas and eastern New Mexico.
Southwest Lubbock has seen the most new development, with master-planned communities offering contemporary homes. Tech Terrace near the university is popular with faculty and young professionals. Wolfforth and other surrounding communities provide suburban options at competitive prices.
DPA Program Note
Affordable market with generous income limits. Most homes qualify for full DPA benefits.
Why Lubbock for Homeownership?
Key factors that make Lubbock an excellent market for buyers using down payment assistance.
Texas Tech University
Healthcare hub for West Texas
Affordable housing
Friendly community
Major Employers in Lubbock
Lubbock's diverse economy provides stable employment for home buyers qualifying for DPA programs.
Popular Lubbock-Area Communities
Explore neighborhoods and suburbs in the Lubbock metro where DPA programs can help you buy a home.
DPA Eligibility in Lubbock
Most Lubbock-area buyers who meet the following criteria can qualify for Texas down payment assistance programs.
- Household income within Lubbock 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 Lubbock 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 Lubbock 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?
Lubbock DPA FAQs
How much down payment assistance can I get in Lubbock?
Home buyers in Lubbock can receive up to 5% of the loan amount in down payment assistance through TDHCA and TSAHC programs. On a $225,000 home, that's up to $11,250 in assistance.
What are the income limits for DPA in Lubbock County?
Income limits vary by program and household size. Lubbock County limits are based on the Lubbock 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 Lubbock?
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 Lubbock.
Check Your Eligibility in Lubbock
Take our free 60-second quiz to see which Texas DPA programs you may qualify for in the Lubbock area. No credit check required, no obligation.
Cook Brothers Mortgage Team at Cornerstone First Mortgage | NMLS #173855