Texas Department of Housing & Community Affairs

One of the biggest challenges facing first-time homebuyers is having enough money for closing. Northpointe Bank offers several programs that can help. In partnership with the Texas State Affordable Housing Corporation, Northpointe offers qualified borrowers up to 5% of the loan amount for use towards the down payment and closing costs. Buying a home may be more affordable than you think.

  • Up to 5% in down payment assistance in the form of a grant or a forgivable second mortgage*
  • Eligible for new or existing properties purchased anywhere in Texas
  • Available for first-time and repeat homebuyers
  • Minimum credit score of 620
  • Income limitations apply
*Down payment assistance in the form of a grant is required to be paid upon sale or refinance of the home within 6 months. Down payment assistance in the form of a forgivable second mortgage does not require monthly payment, features a zero interest rate and is required to be repaid upon sale, refinance or if the borrower ceases to occupy the property within the first three years. This is not a commitment to lend. All loans subject to credit review and approval.