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 Los Fresnos, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Los Fresnos, TX provides a financial boost to eligible homebuyers in Los Fresnos, 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 Los Fresnos, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Los Fresnos, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Los Fresnos, 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 Los Fresnos, 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 Los Fresnos, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Los Fresnos, 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 Los Fresnos, 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 Los Fresnos, 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 offer low down payment requirements, making homeownership more accessible to individuals with limited savings. This can be particularly beneficial for first-time homebuyers looking to enter the real estate market. Additionally, FHA loans typically have lower credit score requirements compared to traditional loans, allowing individuals with less-than-perfect credit to qualify for a mortgage loan. This can help individuals with a less robust credit history achieve their homeownership goals. Moreover, FHA loans often come with competitive interest rates, which can result in lower monthly mortgage payments, making homeownership more affordable in the long run. Demographics: Los Fresnos, Texas, is a vibrant community with a diverse population. The town boasts a mix of young families, professionals, and retirees, creating a dynamic and welcoming environment for residents. Housing Market: The housing market in Los Fresnos offers a range of options, from single-family homes to apartments and townhouses. The median home price is competitive, making it an attractive location for homebuyers looking for affordable housing options. Main Attractions: Los Fresnos is known for its picturesque parks, historic sites, and vibrant local culture. The town's proximity to the Gulf Coast also provides residents with easy access to stunning beaches and outdoor recreational activities.
Benefits of FHA Down Payment Assistance Home Loan in Los Fresnos, Texas
