Texas Mortgage Guide
Complete Texas mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Texas, the median home price is $301,264 and median household income is $75,780. The mortgage denial rate for home purchases is 14.50% according to 2025 HMDA data. 5 down payment assistance programs are available, including My First Texas Home (Up to 5% of mortgage loan as DPA in the form of a 30-year deferred repayable second lien at 0% interest.).
Texas at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Texas
Estimate your monthly payment with the interactive Texas mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Texas
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Texas logged 576,435 final-action applications. The mortgage denial rate was 14.50% and the originated share was 61.81%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Texas
My First Texas Home
Texas Department of Housing and Community Affairs (TDHCA)
Up to 5% of mortgage loan as DPA in the form of a 30-year deferred repayable second lien at 0% interest.
My Choice Texas Home
TDHCA
Up to 5% of mortgage loan as DPA for first-time and repeat buyers; 3-year deferred forgivable or 30-year deferred repayable options.
Texas Mortgage Credit Certificate
TDHCA
Federal income tax credit for a portion of mortgage interest paid (up to $2,000/year); can be paired with DPA programs.
SETH 5-Star Program
SETH
Up to 5% of loan amount as down payment assistance; grant or forgivable second lien for qualifying buyers.
TSAHC Programs for Heroes
TSAHC
Down payment assistance for teachers, police officers, firefighters, and other public servants; up to 5% of loan amount.
Texas County Calculators
These calculators use local tax and benefit data for each county.
Denial: 13.06% · Tax: 1.44% · 2 DPA programs
Denial: 8.19% · Tax: 1.37% · 2 DPA programs
Denial: 11.44% · Tax: 1.67% · 2 DPA programs
Denial: 9.32% · Tax: 1.33% · 2 DPA programs
Denial: 10.18% · Tax: 1.98% · 2 DPA programs
Denial: 11.11% · Tax: 1.56% · 2 DPA programs
Denial: 13.95% · Tax: 2.72% · 2 DPA programs
Denial: 15.47% · Tax: 1.52% · 2 DPA programs
Denial: 10.45% · Tax: 1.44% · 2 DPA programs
Denial: 9.35% · Tax: 1.76% · 2 DPA programs
Denial: 8.01% · Tax: 1.55% · 2 DPA programs
Texas City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Texas Mortgage FAQ
What is the median home price in Texas?
The median home price in Texas is approximately $301,000 as of 2025, based on FHFA housing price index data.
Does Texas have down payment assistance programs?
Yes. TDHCA offers My First Texas Home (up to 5% DPA), My Choice Texas Home (up to 5% for first-time and repeat buyers), and Texas Mortgage Credit Certificate (up to $2,000/year tax credit).
What is the mortgage denial rate in Texas?
The statewide mortgage denial rate for home purchases in Texas is 14.50% based on 2025 HMDA data, above the national average.
How do Texas property taxes compare to other states?
Texas has high property taxes, averaging around 1.60%, above the national average. Texas has no state income tax, which partially offsets the higher property tax burden.