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 Edinburg, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Edinburg, TX provides a financial boost to eligible homebuyers in Edinburg, 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 Edinburg, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Edinburg, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Edinburg, 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 Edinburg, 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 Edinburg, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Edinburg, 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 Edinburg, 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 Edinburg, 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.
FHA Down Payment Assistance Home Loans in Edinburg, Texas offer numerous advantages to potential homebuyers. These loans require lower down payments, making homeownership more accessible to individuals with limited funds. Borrowers can also benefit from competitive interest rates and flexible qualification requirements. Demographically, Edinburg, Texas is a diverse and vibrant community with a mix of young professionals, families, and retirees. The city has a rich cultural heritage, reflected in its festivals, events, and local cuisine. The cost of living is relatively affordable compared to other parts of the state, making it an attractive option for those seeking a balanced lifestyle. The housing market in Edinburg is dynamic and offers a range of properties to suit different budgets and preferences. From cozy single-family homes to modern condominiums, there is something for everyone. The market is also stable, with steady appreciation rates, making it a solid long-term investment. Some of the main attractions in Edinburg include the Museum of South Texas History, the Edinburg Scenic Wetlands, and the San Juan Shrine. Outdoor enthusiasts can enjoy the city's parks, golf courses, and nature trails. Additionally, the local dining scene features a mix of authentic Tex-Mex cuisine and international flavors.
Benefits of FHA Down Payment Assistance Home Loan in Edinburg, Texas
