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 Kenedy, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kenedy, TX provides a financial boost to eligible homebuyers in Kenedy, 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 Kenedy, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kenedy, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kenedy, 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 Kenedy, 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 Kenedy, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kenedy, 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 Kenedy, 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 Kenedy, 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 Kenedy offer numerous benefits, making homeownership more accessible. These loans require lower down payments, which can be as low as 3.5% of the purchase price, making it easier for first-time buyers to afford a home. Additionally, FHA loans often have lower credit score requirements compared to traditional loans, allowing individuals with lower credit scores to qualify. The loans also offer competitive interest rates, helping buyers save money over the life of the loan. Furthermore, FHA loans provide the option for down payment assistance programs, further reducing the upfront costs for buyers in Kenedy. These programs can help cover down payment and closing costs, making homeownership more achievable for a wider range of individuals. Demographics in Kenedy, Texas Kenedy, Texas, has a population of approximately 3,300 residents. The city has a diverse population, with a mix of different ethnicities and age groups. The median household income in Kenedy is around the state average, providing a stable economic environment for residents. Housing Market in Kenedy, Texas The housing market in Kenedy offers a range of options for buyers, from single-family homes to apartments and townhouses. The median home value in Kenedy is slightly below the national average, making it an affordable option for buyers looking to invest in real estate. Main Attractions in Kenedy, Texas Kenedy is known for its rich history and cultural heritage, with attractions such as the Kenedy Train Depot Museum and the Polish Heritage Center showcasing the city's past. The city also offers outdoor recreational activities, including parks and nature trails, making it an ideal place for families and nature lovers.
Benefits of FHA Down Payment Assistance Home Loan in Kenedy, Texas
