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 Bayside, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bayside, TX provides a financial boost to eligible homebuyers in Bayside, 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 Bayside, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bayside, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bayside, 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 Bayside, 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 Bayside, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bayside, 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 Bayside, 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 Bayside, 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.
Investing in a home in Bayside, Texas through an FHA down payment assistance home loan provides numerous benefits. These loans offer lower down payment requirements, making home ownership more accessible to a wider range of individuals. Additionally, borrowers may qualify for competitive interest rates and flexible credit requirements, further lowering the barrier to entry for first-time homebuyers. Bayside, Texas, with a population of around 300 residents, boasts a diverse and vibrant community. The town is known for its strong sense of community and family-friendly environment, making it an ideal location for individuals looking to settle down and establish roots in a close-knit neighborhood. The housing market in Bayside, Texas offers a range of options, from historic homes with architectural charm to modern developments with state-of-the-art amenities. With the assistance of FHA loans, prospective buyers can explore these housing options with greater ease and flexibility, helping them find their dream home in this picturesque town.
FHA Down Payment Assistance Home Loan in Bayside, Texas
