Introduction
Think you need 20% down to buy a house in Bastrop? Think again. There are several low and no down payment loan options available right here in Bastrop County.
This guide breaks down what you can qualify for and how to get started.
1. FHA Loans (As Low As 3.5% Down)
- Flexible credit requirements
- Great for first-time buyers
- Requires mortgage insurance (PMI)
2. USDA Loans (0% Down in Eligible Areas)
- Many parts of Bastrop County qualify as USDA rural zones
- Income limits apply
- Home must be primary residence
3. VA Loans (0% Down for Veterans)
- No PMI
- Lower rates and fees
- Available to active duty, retired, and qualifying National Guard/reservists
4. Conventional Loans (As Low As 3% Down)
- More competitive rates with good credit
- Better for long-term equity growth
- Less upfront cost than traditional 20%
5. Local Down Payment Assistance Programs
Check with:
- Texas State Affordable Housing Corp (TSAHC)
- City of Bastrop first-time buyer resources
- Employer-backed grant programs
Final Thoughts
If down payment has been your biggest hurdle, you’re not out of the race—you just need the right loan program. I can connect you with trusted Bastrop-area lenders who specialize in helping you win with less.
💸 Want to see what you qualify for? Request a free home financing consult now.
