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 Hondo, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hondo, TX provides a financial boost to eligible homebuyers in Hondo, 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 Hondo, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hondo, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hondo, 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 Hondo, 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 Hondo, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hondo, 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 Hondo, 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 Hondo, 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 programs in Hondo, Texas offer accessible financing options with lower down payment requirements, making homeownership more achievable. Demographics in Hondo, Texas reveal a diverse community with a blend of young families and retirees. The town boasts a welcoming atmosphere, excellent schools, and a growing job market, making it an attractive place to settle down. The housing market in Hondo, Texas is flourishing, with a range of affordable options available to suit various budgetary needs. The city is experiencing steady growth and development, making it a prime location for real estate investment. Hondo, Texas, features a mix of cultural and recreational attractions, including historic sites, parks, and local eateries. Residents can enjoy a vibrant community with events that cater to all ages, making it an ideal place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Hondo, Texas
