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 Kendalia, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kendalia, TX provides a financial boost to eligible homebuyers in Kendalia, 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 Kendalia, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kendalia, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kendalia, 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 Kendalia, 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 Kendalia, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kendalia, 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 Kendalia, 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 Kendalia, 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 main benefits of utilizing a FHA Down Payment Assistance Home Loan in Kendalia, Texas is the lower down payment requirement, often as low as 3.5%. This allows more individuals and families to become homeowners, especially first-time buyers who may struggle with higher down payments. Another advantage is the competitive interest rates offered by FHA loans, making homeownership more affordable in the long run. Additionally, the FHA loan program is more lenient when it comes to credit score requirements, making it accessible to a broader range of homebuyers. Demographically, Kendalia, Texas is a small, tight-knit community with a population that values a peaceful rural lifestyle. The area is popular among families and retirees looking for a quiet and safe place to call home, away from the hustle and bustle of big cities. In terms of the housing market, Kendalia offers a mix of single-family homes, ranch properties, and land for those seeking a more expansive lifestyle. The market is competitive but generally more affordable compared to neighboring areas, making it an attractive option for prospective homebuyers. Main attractions in Kendalia include the scenic Guadalupe River State Park, perfect for outdoor enthusiasts seeking beautiful hiking trails and river activities. Additionally, the area boasts quaint local shops, charming eateries, and a strong sense of community.
FHA Down Payment Assistance Home Loan Benefits in Kendalia, Texas
