Find a home.Feel at homewith your financing.
Buying a home is a big move. Explore purchase loan options with straightforward guidance and support from Amanda Ravello at Supreme Lending.
NMLS #1702894.
A home loan that starts with your needs.
Whether you're preparing for your first home, moving into your next one, or looking at opportunities across Texas, the right mortgage begins with understanding your options.
Amanda can help you discuss financing goals, review potential programs and understand steps that may make sense for you.
- Review your purchase budget and financing goals
- Understand loan program differences
- Prepare for important milestones and costs
Texas home purchase loan options
There isn't one financing path for every buyer. These are common mortgage categories to discuss when considering a home purchase. Availability and eligibility vary by borrower, property and program.
Conventional loans
Popular financing options for qualified buyers, with a range of term and down payment possibilities.
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FHA loans
Government-insured financing that may offer lower down payment and flexible qualification features.
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VA loans
Home purchase financing for eligible military borrowers, veterans, and certain surviving spouses.
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USDA loans
Potential options for eligible borrowers buying in qualifying rural and suburban areas.
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Jumbo loans
Financing designed for qualified homebuyers whose borrowing needs exceed conforming limits.
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Alternative financing
Depending on product availability, some borrowers may explore Non-QM or other solutions when traditional options are not the right fit.
Discuss this option →Loan programs are subject to underwriting, eligibility requirements, guidelines and availability. Not all applicants will qualify.
From planning to getting the keys.
Every homebuying experience is different. Understanding the general steps can help you feel prepared.
Connect
Share your questions, goals and approximate purchase timeline.
Review
Discuss documentation, potential loan programs and your financing picture.
Apply
Complete an official mortgage application and follow the lender's review process.
Close
After required conditions are satisfied and the loan is approved, complete the closing process.
What goes into a home purchase?
A mortgage is about more than the interest rate. Consider the full picture, including your upfront costs, monthly payment and the type of loan that fits your plans.
- Down payment: the amount you contribute upfront.
- Closing costs: fees and prepaid items associated with the transaction.
- Monthly payment: principal, interest, and potentially taxes, insurance and mortgage insurance.
- Loan terms: the repayment period and how it can affect payments and total interest.
Good questions deserve clear answers.
Do I need 20% down?
Not necessarily. Down payment requirements depend on your loan type and qualifications. Some programs allow less.
What's the difference between prequalification and preapproval?
Prequalification generally provides an early estimate. Preapproval typically involves a more detailed review, subject to lender requirements.
What should I budget beyond a down payment?
Account for closing costs, taxes, insurance and other potential expenses associated with owning a home.
Which purchase loan is right for me?
The answer depends on factors such as income, credit, property, goals and program guidelines. Amanda can help you review potential paths.
Homeownership may be closer than you think.
Buying a home involves more than finding the right property. Understanding available mortgage options and homebuyer assistance programs can help you make informed decisions about your next move.
Texas offers resources that may help eligible buyers explore down payment assistance and other homeownership opportunities.
How Texas homebuyer assistance generally works
Two state organizations
TDHCA, a state agency, and TSAHC, a nonprofit created by the Texas Legislature, each offer homebuyer programs.
Education comes first
Both organizations generally require an approved homebuyer education course to use their programs.
Eligibility rules apply
Income and purchase price limits and other requirements vary by program and area. The home generally must be your primary residence.
Through a lender
Programs are accessed through approved or participating mortgage lenders that work with each organization.
Programs at a glance
| Program | Offered through | First-time buyer required? | What the program describes |
|---|---|---|---|
| My First Texas Home | TDHCA | Generally yes, with exceptions for qualified veterans and certain targeted areas. | Mortgage financing paired with down payment and closing cost assistance for eligible homebuyers. |
| My Choice Texas Home | TDHCA | No. First-time and repeat buyers may qualify. | Mortgage financing with potential down payment and closing cost assistance. |
| Texas Mortgage Credit Certificate | TDHCA | Generally for first-time buyers and eligible veterans, with targeted-area exceptions. | A potential federal income tax credit for eligible buyers, subject to program and tax rules. |
| Homes for Texas Heroes | TSAHC | No. Qualified first-time and repeat buyers may qualify. | Fixed-rate mortgages and potential down payment assistance for eligible professions and veterans. |
| Home Sweet Texas | TSAHC | No. Qualified first-time and repeat buyers may qualify. | Fixed-rate mortgages and potential down payment assistance for eligible low- and moderate-income households. |
| TSAHC Mortgage Credit Certificate | TSAHC | Generally yes, with exceptions for eligible veterans and targeted areas. | A potential federal income tax credit available in conjunction with TSAHC down payment assistance under current program rules. |
Program information summarized from TDHCA and TSAHC sources reviewed October 30, 2026. Funding, availability, tax treatment and requirements can change. Visit the official program websites to confirm current details. Assistance may have repayment or forgiveness conditions. Supreme Lending's participation in any specific program is not represented or guaranteed on this page. For tax advice, consult a qualified tax professional.
Ready to talk about buying a home?
Have questions about your purchase plans? Reach out directly to Amanda Ravello to start the conversation.