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 Old Ocean, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Old Ocean, TX provides a financial boost to eligible homebuyers in Old Ocean, 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 Old Ocean, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Old Ocean, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Old Ocean, 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 Old Ocean, 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 Old Ocean, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Old Ocean, 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 Old Ocean, 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 Old Ocean, 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.
An FHA down payment assistance home loan in Old Ocean, Texas can make homeownership more achievable for many individuals and families. With lower down payment requirements and competitive interest rates, this loan program helps in making buying a home more affordable and accessible. Demographics in Old Ocean, Texas show a diverse community with a mix of age groups and backgrounds. The town has a growing population, including families, young professionals, and retirees, contributing to a vibrant and inclusive neighborhood. The housing market in Old Ocean is stable, with a range of housing options available for different budgets and preferences. The market offers a mix of single-family homes, townhouses, and apartments, catering to various housing needs of residents in the area. Main attractions in Old Ocean, Texas include beautiful parks, historic sites, and local eateries. Residents can enjoy outdoor activities, explore the town's rich history, and savor delicious cuisine, making it a charming place to live and visit.
Benefits of FHA Down Payment Assistance Home Loan
