First-Time Home Buyer Programs by State (2025 Guide)
Updated: October 2025 • 9 min read
First-time home buyer programs by state can make owning your first home a reality. In 2025, nearly every U.S. state offers down payment assistance, tax credits, or special mortgage rates designed to help new buyers afford their first property.
🏠 What Are First-Time Home Buyer Programs?
These programs provide financial help to first-time buyers through grants, low-interest loans, and tax incentives. They reduce the upfront cost of homeownership and make it easier to qualify for financing.
- 💵 Down payment and closing cost assistance
- 🏡 Below-market mortgage rates
- 📈 Forgivable loans or second mortgages
📍 2025 First-Time Home Buyer Programs by State
Here’s an overview of major programs in 2025. Always check your state housing agency for full details and income limits.
| State | Program | Benefit |
|---|---|---|
| California | CalHFA MyHome Assistance | Up to 3.5% of home price for down payment |
| Texas | TDHCA My First Texas Home | Fixed-rate loans + DPA up to 5% |
| Florida | Florida HLP Loan | 0% second mortgage up to $10,000 |
| New York | SONYMA Achieving the Dream | Low interest, down payment assistance |
| Georgia | Georgia Dream Program | Grants up to $7,500 for qualified buyers |
| Washington | Home Advantage DPA | Second mortgage up to 4% of loan amount |
💡 Who Qualifies for These Programs?
To qualify, most buyers must meet the following requirements:
- No home ownership in the last 3 years
- Credit score ≥ 620
- House must be a primary residence
- Meet income and purchase price limits
🔢 How to Estimate What You Can Afford
Use our Mortgage Calculator to see your monthly payments, including property taxes, PMI, and insurance. Enter your income, down payment, and select your state for accurate results.
📈 Combine State and Federal Assistance
You can combine state programs with federal support to maximize savings:
- HUD Homeownership Programs
- Bankrate’s 2025 First-Time Buyer Guide
- FHA Loans — 3.5% down, flexible credit
- VA Loans — 0% down for veterans
- USDA Loans — 0% down for rural buyers
🧭 Recommended Reading
FAQ — First-Time Home Buyer Programs
Do I have to repay assistance funds?
Some programs are forgivable after a set period, while others must be repaid upon sale or refinance.
Can I use a first-time buyer program with FHA loans?
Yes, most states allow combining DPA with FHA or VA loans.
What if my credit score is below 620?
Some states offer alternative options or require homebuyer education courses.
🏁 Bottom Line
First-time home buyer programs by state can help you save thousands on your first purchase. Explore your local program, compare rates, and calculate your buying power today.