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 Geronimo, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Geronimo, TX provides a financial boost to eligible homebuyers in Geronimo, 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 Geronimo, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Geronimo, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Geronimo, 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 Geronimo, 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 Geronimo, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Geronimo, 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 Geronimo, 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 Geronimo, 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 Geronimo, Texas offer numerous benefits to potential homeowners. Firstly, they require a lower down payment compared to traditional mortgages, making homeownership more accessible to a wider range of individuals. Secondly, these loans often have lower credit score requirements, providing opportunities for those with less than perfect credit to qualify for a home loan. Demographically, Geronimo, Texas is a diverse and growing community with a population that has been steadily increasing in recent years. The town boasts a mix of residents from different backgrounds and age groups, creating a vibrant and welcoming atmosphere for new homeowners. In terms of the housing market, Geronimo, Texas offers a range of housing options to suit different needs and preferences. From cozy single-family homes to modern apartments, there is something for everyone in this market. With the assistance of FHA loans, potential buyers can explore various housing choices and find a property that fits their budget and lifestyle. Some of the main attractions in Geronimo, Texas include its beautiful parks, historic sites, and local dining scene. Residents can enjoy outdoor activities like hiking and biking, as well as explore the town's rich history through its museums and landmarks. Additionally, Geronimo offers a variety of restaurants and cafes serving delicious local cuisine, catering to diverse tastes.
Benefits of FHA Down Payment Assistance Home Loan in Geronimo, Texas
