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 Benavides, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Benavides, TX provides a financial boost to eligible homebuyers in Benavides, 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 Benavides, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Benavides, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Benavides, 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 Benavides, 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 Benavides, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Benavides, 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 Benavides, 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 Benavides, 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.
1. **Down Payment Assistance**: FHA loans offer a lower down payment requirement, making homeownership more accessible for individuals and families in Benavides, Texas. 2. **Low Credit Score Requirements**: FHA loans are more lenient with credit scores, allowing individuals with less than perfect credit to qualify for a loan. 3. **Interest Rates**: FHA loans typically have competitive interest rates, helping homebuyers save money over the life of the loan. Demographics Benavides, Texas, is a diverse community with a population that values a strong sense of community and family. The town is known for its welcoming atmosphere and vibrant cultural heritage. Housing Market The housing market in Benavides, Texas, offers a range of affordable options for first-time homebuyers. With the assistance of FHA loans, residents can find homes that meet their needs without breaking the bank. Main Attractions Benavides, Texas, boasts a variety of attractions, including beautiful local parks, historical landmarks, and community events that showcase the town's rich heritage and traditions.
Benefits of FHA Down Payment Assistance Home Loan in Benavides, Texas
