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 Pearsall, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pearsall, TX provides a financial boost to eligible homebuyers in Pearsall, 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 Pearsall, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pearsall, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pearsall, 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 Pearsall, 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 Pearsall, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pearsall, 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 Pearsall, 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 Pearsall, 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 Pearsall, Texas provide an excellent opportunity for first-time home buyers or those with limited funds to achieve homeownership. These loans offer lower down payment requirements, making it easier for individuals to qualify and purchase a home. Demographically, Pearsall, Texas is a vibrant community with a diverse population. The city boasts a mix of cultural backgrounds, creating a rich tapestry of traditions and values. It is a welcoming and inclusive place, perfect for starting a family or settling down. In terms of the housing market, Pearsall offers a range of affordable housing options, from cozy starter homes to spacious family residences. The market is stable, with a steady increase in property values over the years, making it a sound investment for potential homebuyers. Main attractions in Pearsall include the beautiful Dilley City Park, perfect for outdoor activities and picnics. The town also hosts various events and festivals throughout the year, showcasing its vibrant community spirit and lively atmosphere.
Benefits of FHA Down Payment Assistance Home Loan in Pearsall, Texas
