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 Falfurrias, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Falfurrias, TX provides a financial boost to eligible homebuyers in Falfurrias, 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 Falfurrias, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Falfurrias, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Falfurrias, 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 Falfurrias, 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 Falfurrias, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Falfurrias, 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 Falfurrias, 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 Falfurrias, 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 provide numerous benefits to homebuyers in Falfurrias, Texas. These loans offer lower down payment requirements, making homeownership more accessible to individuals and families with limited savings. Additionally, FHA loans have competitive interest rates, helping buyers save money over the life of the loan. They also have less strict credit score requirements, allowing more people to qualify for financing. Falfurrias, Texas, is a vibrant community with diverse demographics. The town has a mix of young professionals, families, and retirees, creating a dynamic and inclusive atmosphere. The population is a close-knit blend of different cultures, contributing to a rich tapestry of traditions and experiences. The housing market in Falfurrias offers a range of options for prospective buyers. From cozy single-family homes to spacious ranch-style properties, there is something for everyone. The market is currently experiencing steady growth, with home values appreciating at a healthy rate. With the help of FHA Down Payment Assistance Home Loans, buyers can take advantage of these favorable conditions to find their dream home. Aside from its housing market, Falfurrias boasts several main attractions that make it a desirable place to live. The town is known for its beautiful parks, cultural landmarks, and local dining scene. Residents can enjoy outdoor activities like hiking and picnicking in the surrounding natural areas, adding to the town's charm and appeal.
Benefits of FHA Down Payment Assistance Home Loan in Falfurrias, Texas
