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 Mission, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mission, TX provides a financial boost to eligible homebuyers in Mission, 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 Mission, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mission, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mission, 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 Mission, 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 Mission, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mission, 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 Mission, 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 Mission, 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 Mission, Texas offers numerous benefits to homebuyers. One of the main advantages is the lower down payment requirement, which can help individuals and families become homeowners with limited savings. Another benefit is the ability to qualify for competitive interest rates, making homeownership more affordable over the long term. Additionally, these loans often have more flexible credit requirements, making them accessible to a wider range of prospective buyers. Moreover, FHA loans also offer options for down payment assistance programs, further easing the financial burden of purchasing a home and making the process more accessible to first-time buyers and those with lower incomes. Demographics of Mission, Texas Mission, Texas, has a diverse population with a mix of Hispanic, White, and Asian residents. The city has a strong sense of community and a family-friendly atmosphere, making it an ideal place for individuals and families looking to put down roots. Housing Market in Mission, Texas The housing market in Mission, Texas, is currently experiencing steady growth, with a range of housing options available to buyers. From single-family homes to townhouses and condos, there is something for everyone in Mission's real estate market. Main Attractions in Mission, Texas Some of the main attractions in Mission, Texas, include the World Birding Center, Bentsen-Rio Grande Valley State Park, and the Mission Historical Museum. These sites offer residents and visitors opportunities to explore the natural beauty and rich history of the region.
Benefits of FHA Down Payment Assistance Home Loan
