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 Miami, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Miami, TX provides a financial boost to eligible homebuyers in Miami, 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 Miami, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Miami, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Miami, 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 Miami, 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 Miami, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Miami, 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 Miami, 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 Miami, 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 programs can make homeownership more accessible by requiring a lower down payment compared to conventional loans. This can help individuals and families with limited savings to achieve their dream of owning a home in Miami, Texas. Demographically, Miami, Texas is a vibrant community with a diverse population. The city offers a blend of urban amenities and a small-town atmosphere, making it an attractive place to live for people of all ages and backgrounds. In terms of the housing market, Miami, Texas offers a range of options from historic homes to modern developments. The market is stable, with competitive prices and a variety of housing styles to suit different preferences and budgets. Some main attractions in Miami, Texas include beautiful parks, cultural landmarks, and a thriving culinary scene. Residents and visitors alike can enjoy outdoor activities, explore local history, and sample delicious cuisine from various restaurants in the area.
Benefits of FHA Down Payment Assistance Home Loan in Miami, Texas
