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 Galena Park, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Galena Park, TX provides a financial boost to eligible homebuyers in Galena Park, 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 Galena Park, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Galena Park, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Galena Park, 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 Galena Park, 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 Galena Park, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Galena Park, 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 Galena Park, 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 Galena Park, 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.
One of the key benefits of utilizing an FHA Down Payment Assistance Home Loan in Galena Park, Texas, is the lower down payment requirement, making homeownership more accessible to a wider range of individuals. This program also offers competitive interest rates, flexible credit requirements, and the ability to finance the upfront mortgage insurance premium. Galena Park, Texas, is a diverse community with a population that reflects a mix of cultures and backgrounds. The city boasts a strong sense of community with various amenities, schools, and opportunities for residents of all ages. In terms of the housing market, Galena Park offers a range of housing options, from single-family homes to apartments, catering to different preferences and budgets. The market is relatively stable, with steady appreciation rates over the years, making it an attractive location for both first-time homebuyers and investors. Main attractions in Galena Park include the Galena Park Independent School District Stadium, the Galena Park Library, and the nearby San Jacinto Battleground State Historic Site, offering recreational and educational opportunities for residents and visitors.
Benefits of an FHA Down Payment Assistance Home Loan in Galena Park, Texas