Texans Credit Union Launches First-Time Homebuyer Program Amid Housing Market Pressure

National sales data highlights challenges facing would-be homeowners

DALLAS, Aug. 28, 2025 /PRNewswire/ -- Texans Credit Union has launched its First-Time Homebuyer Program, offering three new pathways to homeownership at a moment when affordability challenges are keeping many would-be buyers on the sidelines. While existing home sales saw a 2% uptick in July, sales activity still sits at its lowest point in the past year, according to National Association of Realtors data. Texans Credit Union's new program aims to give consumers renewed confidence, added flexibility, and personalized guidance to help them move forward in a market that presents a historic challenge to buyers.

The program is designed to tackle some of the biggest hurdles facing first-time buyers— rising prices and higher interest rates. Texans Credit Union's First-Time Homebuyer Program includes three tailored loan options that directly address affordability barriers:

• Low-down-payment mortgages requiring as little as 3% down, which help reduce upfront costs.
• Flexible-rate loans structured to keep initial monthly payments lower, giving buyers room to enter the market without being locked into high fixed payments.
• The "Home Extra 105" package, which finances up to 105% loan-to-value — covering the purchase price and providing closing cost credits — pairing flexible loan terms with closing cost support.

By combining fast online preapprovals, flexible loan options, and access to local experts, Texans Credit Union is creating a simpler and more supportive path to homeownership. Together, these solutions give Texas consumers the confidence and resources they need to purchase a home on their own terms.

"First-time buyers are feeling the squeeze from every angle right now — from affordability to availability," said Angie Jackson, vice president of real estate lending at Texans Credit Union. "We brought these solutions to the table in order to take some of the weight off their shoulders. Our members don't have to figure it out alone; they have a partner helping them navigate today's market and take that all-important first step toward homeownership."

Nationally, homeownership rates have trended downward in recent years. According to the U.S. Census Bureau, the overall homeownership rate slipped to 65.0% in the second quarter of 2025, marking the lowest level since 2019. The numbers suggest that high prices and elevated borrowing costs continue to put pressure on consumers trying to buy their first home, making affordability a central challenge in today's market. The latest NAR data reinforces the trend, showing sales activity at historic lows even as more homes become available — a clear indication that cost barriers remain a major obstacle for many buyers.

Texans Credit Union has served Texans for more than 70 years, delivering financial products and services that put members' needs first. The new First-Time Homebuyer Program builds on that legacy by giving members practical ways to move forward when market conditions might otherwise hold them back. By combining tailored lending options with personalized support, Texans Credit Union is helping make homeownership attainable for more Texans, even as the broader market remains challenging.

For more information about the First-Time Homebuyer Program, click here or call 972-348-2253.

About Texans Credit Union
Texans Credit Union is a full-service, not-for-profit financial institution serving Texas since 1953. With a mission to empower members to achieve their financial goals, Texans Credit Union offers a full suite of banking, lending, and investment services backed by personalized support. For more information, visit texanscu.org.

Media Contact:
Dom DiFurio
Texans Credit Union
[email protected] | 469-525-0721

SOURCE Texans Credit Union