First-Time Buyers
Your First Home Doesn't Have to Be Overwhelming.
We explain every step in plain language, so you always know where you stand and what comes next.
Myth busted
You probably don't need 20% down.
Many first-time buyers wait years longer than they need to. Here's what minimum down payments can look like:
0%
VA & USDA
For eligible veterans, or homes in qualifying areas.
3%
Conventional
For qualified first-time buyers.
3.5%
FHA
With more flexible credit guidelines.
Minimums shown for illustration. Eligibility depends on program, credit, income and property.
Free AI-powered tool
Get your personalized preparation checklist.
Three quick questions. A step-by-step plan built around your timeline and savings.
Texas assistance
Help with your down payment may be closer than you think.
TDHCA programs
Texas Department of Housing and Community Affairs offers down payment and closing cost help for eligible buyers.
TSAHC programs
Texas State Affordable Housing Corporation offers assistance for teachers, first responders, veterans and more.
Local grants
City and county programs around San Antonio may provide grants or forgivable loans.
Mortgage credit certificates
A federal tax credit that can lower what you owe each year, freeing up money for your payment.
The numbers
Two numbers lenders look at.
Credit score
- 580+ may qualify for FHA with 3.5% down
- 620+ opens most Conventional options
- 740+ typically earns the best pricing
Debt-to-income (DTI)
Your monthly debts divided by your gross monthly income. Many programs look for 43% or lower, though some allow more.
Your roadmap
Know exactly what comes next.
Beginner consultation
A relaxed 15-minute call to understand your goals and timeline.
Pre-approval
Know your budget and which programs and assistance you qualify for.
Find your home
Shop with your agent, with your pre-approval in hand.
Close & move in
We walk you through closing day, start to finish.
Let's talk
Schedule a 15-minute beginner consultation.
No pressure, no jargon. Just a clear conversation about where you are and what's possible.
Phone: (210) 000-0000 (placeholder)
Email: hello@royalmortgage.example (placeholder)
San Antonio, Texas