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 Del Rio, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Del Rio, TX provides a financial boost to eligible homebuyers in Del Rio, 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 Del Rio, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Del Rio, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Del Rio, 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 Del Rio, 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 Del Rio, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Del Rio, 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 Del Rio, 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 Del Rio, 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.
Obtaining an FHA loan in Del Rio, Texas, comes with the advantage of down payment assistance programs. These programs can help homebuyers secure a home with a lower initial cash outlay, making homeownership more accessible. Del Rio, Texas, boasts a diverse demographic makeup, with a mix of Hispanic, White, and Black communities. The city’s population is around 36,000, creating a vibrant and inclusive atmosphere for residents. In terms of the housing market, Del Rio offers a range of options, from historic homes to modern developments. The median home price is affordable compared to other parts of Texas, making it an attractive location for first-time buyers. Main attractions in Del Rio include the stunning beauty of Lake Amistad, where residents can enjoy water activities and breathtaking views. The Val Verde Winery, one of the oldest wineries in Texas, offers tours and tastings for wine enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Del Rio, Texas
