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 Kerrville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kerrville, TX provides a financial boost to eligible homebuyers in Kerrville, 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 Kerrville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kerrville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kerrville, 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 Kerrville, 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 Kerrville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kerrville, 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 Kerrville, 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 Kerrville, 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 provide a great opportunity for first-time homebuyers in Kerrville, Texas. These loans require a lower down payment, making homeownership more accessible to individuals with limited savings. Additionally, FHA loans offer competitive interest rates, helping buyers save money over the life of the loan. Kerrville, Texas, boasts a diverse population with a mix of young families, retirees, and professionals. The city's demographic makeup adds to its vibrant community, offering a blend of cultures and backgrounds. With a strong sense of community, residents in Kerrville enjoy a welcoming and inclusive environment. The housing market in Kerrville presents a variety of options for potential buyers. From historic homes with charming architecture to modern developments, Kerrville offers something for everyone. The market is stable, with steady appreciation rates, making it a sound investment for homebuyers seeking long-term value. Some main attractions in Kerrville include the stunning Guadalupe River, where residents can enjoy outdoor activities like kayaking, fishing, and hiking. The city is also known for its cultural offerings, including the Museum of Western Art and the Kerr Arts and Cultural Center. Additionally, Kerrville's vibrant downtown area features quaint shops, restaurants, and entertainment venues.
Benefits of FHA Down Payment Assistance Home Loan in Kerrville, Texas
