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 Brownsville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Brownsville, TX provides a financial boost to eligible homebuyers in Brownsville, 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 Brownsville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Brownsville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Brownsville, 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 Brownsville, 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 Brownsville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Brownsville, 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 Brownsville, 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 Brownsville, 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: The FHA Down Payment Assistance Home Loan in Brownsville, Texas offers low down payment requirements, competitive interest rates, and easier qualification criteria for first-time homebuyers. This program provides financial assistance to buyers who may struggle to meet traditional down payment requirements, making homeownership more accessible. Demographics: Brownsville, Texas, has a diverse population with a strong Hispanic influence. The city is known for its rich cultural heritage, vibrant community events, and delicious Tex-Mex cuisine. The cost of living is relatively low compared to other cities in Texas, making it an attractive place to live for many families. Housing Market: The housing market in Brownsville offers a mix of historic homes, modern developments, and affordable housing options. The city has experienced steady growth in property values, making it an ideal location for real estate investment. With the assistance of FHA loans, more buyers can take advantage of the opportunities in the Brownsville housing market. Main Attractions: Brownsville boasts attractions such as the Palo Alto Battlefield National Historical Park, the Gladys Porter Zoo, and the historic downtown area with its charming shops and restaurants. The city's proximity to the Gulf of Mexico also makes it a popular destination for beach lovers and outdoor enthusiasts.
FHA Down Payment Assistance Home Loan in Brownsville, Texas
