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 Marion, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Marion, TX provides a financial boost to eligible homebuyers in Marion, 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 Marion, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Marion, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Marion, 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 Marion, 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 Marion, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Marion, 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 Marion, 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 Marion, 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 Loan in Marion, Texas offers numerous benefits to potential homebuyers. The program provides financial aid to cover the initial down payment, making homeownership more accessible to individuals who may not have substantial savings. This assistance reduces the upfront costs associated with purchasing a home, allowing more people to achieve the dream of owning their own property. Marion, Texas, is a vibrant community with a rich history and diverse population. The town offers a close-knit neighborhood feel, making it an ideal location for families and individuals looking for a strong sense of community. With a population of around 1,200 residents, Marion maintains a small-town charm while being conveniently located near larger urban centers like San Antonio. The housing market in Marion, Texas, is favorable for both buyers and sellers. The town offers a mix of housing options, including single-family homes, townhouses, and apartments, catering to a variety of preferences and budgets. The real estate market in Marion is stable, with properties retaining their value over time, making it a sound investment for those looking to buy a home in the area. Some of the main attractions in Marion, Texas, include the Marion Community Library, which offers a wealth of resources and programs for residents of all ages. Additionally, the town is home to several parks and recreational facilities, providing ample opportunities for outdoor activities and relaxation. Marion's proximity to San Antonio also allows residents easy access to the city's cultural attractions and amenities.
Benefits of FHA Down Payment Assistance Home Loan in Marion, Texas
