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 Beaumont, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Beaumont, TX provides a financial boost to eligible homebuyers in Beaumont, 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 Beaumont, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Beaumont, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Beaumont, 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 Beaumont, 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 Beaumont, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Beaumont, 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 Beaumont, 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 Beaumont, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Beaumont, Texas is the opportunity it provides for first-time homebuyers to purchase a home with a lower down payment requirement. This can make homeownership more accessible and affordable for individuals and families looking to establish roots in the vibrant Beaumont community. Demographically, Beaumont is a diverse city with a population of approximately 118,000 residents. The city boasts a rich cultural heritage, with a mix of different ethnicities and backgrounds contributing to its unique identity. Beaumont's population includes a mix of professionals, families, students, and retirees, creating a dynamic and welcoming community. In terms of the housing market, Beaumont offers a range of housing options to suit different needs and preferences. From historic homes with charming architecture to modern developments with state-of-the-art amenities, prospective buyers can find a property that aligns with their lifestyle and budget. The city's real estate market is known for its stability and affordability, making it an attractive location for both first-time buyers and seasoned investors. Among the main attractions in Beaumont is the stunning Cattail Marsh Scenic Wetlands, a popular spot for birdwatching and nature enthusiasts. The city is also home to the famous Spindletop-Gladys City Boomtown Museum, which showcases the region's oil industry history. Additionally, visitors can explore the Beaumont Botanical Gardens and enjoy outdoor recreational activities at the Beaumont Botanical Gardens and enjoy outdoor recreational activities at the nearby Big Thicket National Preserve.
FHA Down Payment Assistance Home Loan in Beaumont, Texas