Get Approved at The Lowest Rate
Securing a down payment can be one of the biggest challenges on the path to homeownership. That’s why we’re thrilled to offer a comprehensive Down Payment Assistance (DPA) program in Alvin, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Alvin, TX provides a financial boost to eligible homebuyers in Alvin, TX, making it easier to cover the upfront costs of purchasing a home. This assistance is available in the form of a forgivable grant, which means you don’t have to repay it under certain conditions.
Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Alvin, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Alvin, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Alvin, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.
Enjoy the freedom of homeownership in Alvin, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.
To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:
A FICO score of 580 qualifies you for Approve/Eligible status in Alvin, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Alvin, TX.
If you’re still working, you must either be retired or actively volunteer in your community.
We are committed to guiding you through every step of the home-buying process in Alvin, TX. Our experienced team will work closely with you to explore your options, ensuring you make informed decisions that suit your financial situation and homeownership goals.
Don’t let the down payment be a barrier to your dream home. Contact Horizon Lending Services today to learn more about our FHA Down Payment Assistance program in Alvin, TX and take the first step towards owning your home. Our dedicated professionals are here to help you navigate the complexities of home buying with confidence and ease.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
Benefits of FHA Down Payment Assistance Home Loan: The FHA Down Payment Assistance Home Loan program in Alvin, Texas, helps first-time home buyers by providing financial assistance to cover a portion of the down payment, making homeownership more accessible. Demographics of Alvin, Texas: Alvin, Texas, has a diverse population with a mix of families, young professionals, and retirees. The town offers a friendly community atmosphere and a range of cultural events and activities. Housing Market in Alvin, Texas: The housing market in Alvin, Texas, is competitive yet affordable compared to neighboring areas. With the FHA Down Payment Assistance Home Loan, prospective buyers can find suitable housing options within their budget. Main Attractions in Alvin, Texas: Alvin, Texas, boasts attractions such as the Bayou Wildlife Zoo, the Marguerite Rogers House Museum, and the Nolan Ryan Museum, offering residents and visitors a mix of cultural and recreational activities.
FHA Down Payment Assistance Home Loan in Alvin, Texas