Homes for Texas Heroes takes applications all year: up to 5% of the loan amount, paid toward your down payment and closing.(800) 555-0100Run the 2-minute check
Collin County, seated in McKinney with about 1.3 million residents, has five large school districts and several city police and fire departments whose staff can fit Homes for Texas Heroes.
SeatMcKinney
Residents1,297,179
Metro income figure$205,870
The local picture
Plano, McKinney, the Collin County part of Frisco, Allen and Wylie are where most local buyers look. Plano ISD, Frisco ISD, McKinney ISD, Allen ISD and Prosper ISD are the major school employers, and their full-time classroom teachers, aides, librarians, counselors and school nurses can qualify.
Plano Police Department and McKinney Police Department officers and Collin County Sheriff's Office deputies qualify as peace officers. Plano Fire-Rescue firefighters qualify through TCFP certification.
Collin is part of TDHCA's Dallas area, so it shares Dallas-area companion limits. Some Collin census tracts are targeted, which can raise TDHCA limits there.
Income and price limits in Collin County
Collin likely falls under TSAHC's Dallas-metro figure of $205,870, but that mapping is our reading, so a lender confirms the Heroes limit for Collin County; TDHCA's Dallas HMFA limits are $121,100 (1-2) and $139,265 (3+), with a $589,596 price limit. Statewide limits · What can I afford?
Local money in Collin County
Programs run by cities, counties and employers here. Some can sit on top of the state help, some replace it. A loan officer sorts out which pairings are allowed.
McKinney First-Time Homebuyer Assistance
Money can run out
City of McKinney
Meant for
First-time buyers purchasing a principal residence in McKinney
How much
Up to $10,000
Kind of help
Loan that is forgiven over time
Income cap
Program chart on application form (appears older; confirm)
First-timers only?
Yes
Fine print
0% 5-year deferred forgivable loan; back-end DTI no more than 45%; homebuyer education
Read only the undated application form; city site blocked automated access. Confirm current status with 972-547-7519.
Budget a few hours for a buyer class before closing, because almost every program requires it. These HUD-approved agencies around Collin County teach the class or sit down with buyers one on one:
Agency
Town
Miles away
Offers
Languages
How
Transformance Dba Services of Hope Entities
Dallas
31
Buyer class, One-on-one prep
English
By phone
Dallas County Home Loan Counseling Center
Dallas
31
Buyer class, One-on-one prep
English
By phone
Dallas Area Habitat for Humanity
Dallas
33
Buyer class, One-on-one prep
English, Spanish
In person, By phone
Housing Channel
Fort Worth
54
Buyer class, One-on-one prep
English
By phone
Pulled from HUD's list of approved counseling agencies. A class that one program accepts may not count for another.
Which class counts? Your lender keeps the list of approved courses for each Texas program, and can open your pre-approval during the same conversation. Start the eligibility check
Local employers whose staff can qualify
Plano ISD
Frisco ISD
McKinney ISD
Allen ISD
Prosper ISD
Plano Police Department
Collin County Sheriff's Office
McKinney Police Department
Plano Fire-Rescue
Plano, Frisco, McKinney, Allen and Prosper ISD staff, Plano and McKinney police, sheriff's deputies and Plano Fire-Rescue crews are the local fit. The full list of eligible jobs.
Questions from Collin County buyers
Does a Prosper ISD teacher qualify?
Yes, if you are a full-time public K-12 teacher, aide, librarian, certified counselor or school nurse. Your SBEC certification is checked online.
Can I buy outside the city where I work?
Yes. The program is statewide. The home must be your primary residence, and a lender applies the limit for the county where you buy.
Is there a price limit in Collin County?
Not for non-bond Heroes help without an MCC. If you add the MCC or use bond DPA, price limits apply; TDHCA's non-targeted figure here is $589,596.
I'm Linda, and I answer the phones for this desk. See if you're eligible for down payment assistance in Texas. A few taps and you'll know where you stand.
