Many people still believe they need 20% down to buy a home—but in Bastrop, that’s simply not true. Whether you’re buying your first home or your next, down payment requirements are much more flexible in 2025.
Here’s what you actually need to get into a home in Bastrop—and how to make it work.
1. Common Loan Types and Their Down Payments
- FHA Loan: 3.5% down (great for first-timers)
- Conventional Loan: 3–5% down (with PMI)
- VA Loan: 0% down (for eligible veterans)
- USDA Loan: 0% down (many rural Bastrop areas qualify!)
💡 Bastrop neighborhoods like Tahitian Village and Circle D often meet USDA eligibility.
2. Down Payment Assistance (DPA) Programs
Available for Bastrop and Texas residents:
- TSAHC Home Sweet Texas Program
- Homes for Texas Heroes (for teachers, first responders)
- Local city and county grants
Some offer up to $15,000 in forgivable assistance.
3. Don’t Forget Closing Costs
In addition to your down payment, budget 2–5% for:
- Title fees
- Insurance
- Inspections
- Taxes
🎯 Tip: I can help negotiate seller-paid closing costs in some Bastrop markets.
Final Thoughts
If down payment is your hurdle, you’ve got more options than you think. Whether it’s 0%, 3.5%, or 5% down, we’ll tailor a homebuying plan to your situation.
📉 Let’s crunch the numbers together and find a path that works for you in Bastrop.
