Down Payment Assistance

Down payments can be one of the roadblocks preventing some individuals or families from making the jump from renting to owning a home. Fortunately, there are many down payment assistance programs out there that can help. Whether it is your first home purchase or you are a repeat buyer, there are government programs and private lending solutions that can ease the burden of a down payment.

The McDaniel Mortgage Group has extensive experience with down payment assistance programs available in Dallas and the surrounding Texas areas. Our team is here to guide you through down-payment options that are right for you and your family.


The government sponsors many great loan programs, including FHA loans, USDA loans, and VA loans. Down payment assistance programs are also government-backed, typically by local governments. It’s important to note down payment assistance may involve a second mortgage with deferred, forgiven, or subsidized payments until the property is sold.