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 Mico, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mico, TX provides a financial boost to eligible homebuyers in Mico, 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 Mico, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mico, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mico, 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 Mico, 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 Mico, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mico, 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 Mico, 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 Mico, 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 in Mico, Texas offer affordable homeownership opportunities for individuals who may not have substantial savings for a down payment. These loans come with low down payment requirements, making it easier for first-time buyers to enter the real estate market. Demographics of Mico, Texas showcase a diverse community with a mix of families, professionals, and retirees. The town's population is known for its friendly and welcoming atmosphere, creating a tight-knit community where residents look out for one another. The housing market in Mico, Texas is a mix of traditional single-family homes, modern townhouses, and spacious ranch-style properties. With the help of FHA Down Payment Assistance programs, prospective buyers can explore various housing options within their budget and find a home that suits their needs. Main attractions in Mico, Texas include the picturesque Medina Lake, where residents and visitors can enjoy boating, fishing, and other water activities. Additionally, the town's proximity to natural attractions like Government Canyon State Natural Area offers opportunities for hiking and outdoor adventures.
Benefits of FHA Down Payment Assistance Home Loan in Mico, Texas
