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 La Feria, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in La Feria, TX provides a financial boost to eligible homebuyers in La Feria, 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 La Feria, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in La Feria, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in La Feria, 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 La Feria, 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 La Feria, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in La Feria, 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 La Feria, 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 La Feria, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program allows for a lower down payment compared to conventional loans, making homeownership more accessible. With down payment assistance, eligible applicants can further reduce their upfront costs, making it easier to purchase a home in La Feria, Texas. Demographics: La Feria has a diverse population with a mix of Hispanic, White, and African American residents. The median age is around 32 years old, indicating a relatively young community. The town has a strong sense of community and a growing population. Housing Market: The housing market in La Feria is thriving, with a range of affordable housing options available. The median home price is below the national average, making it an attractive location for first-time homebuyers. The market is competitive, but with the assistance of FHA loans, many residents can achieve homeownership. Main Attractions: La Feria is known for its vibrant cultural scene and annual events like the Fiesta de La Feria, celebrating the town's rich heritage. The town also boasts beautiful parks, such as the Lions Park, providing recreational activities for residents of all ages.
FHA Down Payment Assistance Home Loan in La Feria, Texas
