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 Fort Bliss, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fort Bliss, TX provides a financial boost to eligible homebuyers in Fort Bliss, 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 Fort Bliss, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fort Bliss, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fort Bliss, 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 Fort Bliss, 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 Fort Bliss, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fort Bliss, 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 Fort Bliss, 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 Fort Bliss, 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 Loan in Fort Bliss, Texas offers various benefits such as helping first-time homebuyers by reducing the upfront costs typically associated with purchasing a home. This program can make homeownership more accessible for those with limited savings, making it easier to achieve the dream of owning a home. Demographically, Fort Bliss has a diverse population due to its military presence. The area attracts a mix of military personnel, veterans, and civilians, creating a unique and vibrant community. This diversity adds to the rich cultural tapestry of the region, with residents from various backgrounds coming together. In terms of the housing market, Fort Bliss offers a range of options from single-family homes to apartments, catering to different needs and preferences. The market is relatively stable, with moderate pricing and opportunities for both buyers and sellers. The FHA Down Payment Assistance Home Loan can further boost the market by increasing the number of potential buyers. Main attractions in Fort Bliss include the historic Old Ironsides Museums, which showcases the military history of the area, and the beautiful Franklin Mountains State Park, offering outdoor recreational activities such as hiking and biking. The vibrant arts scene and diverse culinary options further contribute to the appeal of Fort Bliss as a place to live and explore.
Benefits of FHA Down Payment Assistance Home Loan in Fort Bliss, Texas