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 Pearland, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pearland, TX provides a financial boost to eligible homebuyers in Pearland, 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 Pearland, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pearland, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pearland, 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 Pearland, 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 Pearland, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pearland, 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 Pearland, 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 Pearland, 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.
The FHA Down Payment Assistance Home Loan in Pearland, Texas offers numerous benefits. One key advantage is the lower down payment requirement, which can be as little as 3.5% of the home's value. This makes homeownership more accessible to a wider range of individuals and families, especially first-time homebuyers. Demographically, Pearland, Texas is a diverse city with a mix of young professionals and families. The population is known for its strong sense of community and active involvement in local events and initiatives. The city's growth in recent years has fueled a thriving real estate market. The housing market in Pearland, Texas is robust, offering a variety of housing options ranging from single-family homes to luxury apartments. The availability of the FHA Down Payment Assistance Home Loan has contributed to the increased demand for housing in the area, leading to a competitive market with a steady rise in property values.
FHA Down Payment Assistance Home Loan in Pearland, Texas
