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 Martindale, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Martindale, TX provides a financial boost to eligible homebuyers in Martindale, 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 Martindale, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Martindale, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Martindale, 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 Martindale, 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 Martindale, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Martindale, 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 Martindale, 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 Martindale, 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 loans offer lower down payment requirements compared to conventional loans, making homeownership more accessible. The down payment assistance program further reduces the upfront costs for qualified buyers in Martindale, Texas, allowing them to secure a home with minimal savings. With a population of around 1,200 residents, Martindale enjoys a close-knit community feel. The town boasts a diverse demographic mix, including families, professionals, and retirees, creating a vibrant and inclusive environment. The housing market in Martindale is conducive to first-time buyers, with a range of affordable options available. The FHA down payment assistance program aligns with the town's real estate landscape, providing crucial financial support to individuals or families looking to invest in property. While in Martindale, residents and visitors can explore attractions like the San Marcos River, known for tubing and kayaking, as well as enjoy the historic downtown area with its quaint shops and local dining spots, creating a charming and inviting atmosphere for all.
Benefits of FHA Down Payment Assistance Home Loan in Martindale, Texas
