McKinney First-Time Homebuyer Down Payment Assistance

City of McKinney Community Development

Available Down Payment

About This Program

McKinney First-Time Homebuyer Down Payment Assistance is available in McKinney, TX.

Down payment and closing cost assistance for first-time homebuyers purchasing in McKinney. Forgivable loan that does not require repayment if buyer remains in home as primary residence for required period, typically 5 years.

Forgivable loan for down payment and closing costs; no repayment if occupancy maintained

Official source site checked live on 2026-06-22.

Data last verified 2026-05-25. How we verify our data.

In McKinney, TX, you can combine this program with other local help to cut your cost:

Key Details

  • Up to $15,000 forgivable loan
  • First-time homebuyers only
  • Income at or below 120% AMI
  • Must purchase in McKinney city limits
  • Forgiven after 5 years of occupancy

How to Apply

A grant-savvy contractor in McKinney, TX can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Applications accepted year-round, subject to funding

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can McKinney First-Time Homebuyer Down Payment Assistance provide in McKinney, TX?

Up to $15,000 forgivable loan.

How do I apply for McKinney First-Time Homebuyer Down Payment Assistance in McKinney, TX?

Apply directly with City of McKinney Community Development using the official program link on this page or call (469) 742-8200. There is no middleman and no fee.

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in McKinney, TX

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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