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 Port Arthur, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Port Arthur, TX provides a financial boost to eligible homebuyers in Port Arthur, 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 Port Arthur, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Port Arthur, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Port Arthur, 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 Port Arthur, 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 Port Arthur, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Port Arthur, 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 Port Arthur, 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 Port Arthur, 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 offer numerous benefits for homebuyers in Port Arthur, Texas. These loans provide a lower down payment requirement, making homeownership more accessible for individuals who may not have substantial savings. Additionally, FHA loans often have lower credit score requirements, enabling more people to qualify for financing. Port Arthur, Texas, is a diverse city with a rich cultural heritage. The demographics of the area include a mix of different racial and ethnic groups, contributing to a vibrant community. The city's population has a strong presence of young adults and families, making it an ideal place for individuals looking to establish roots and invest in their future. The housing market in Port Arthur, Texas, offers a range of options for homebuyers. With the assistance of FHA loans, potential buyers can explore various properties, from single-family homes to condominiums. The market is dynamic, with a mix of new constructions and existing homes, providing opportunities for different preferences and budgets. Some main attractions in Port Arthur, Texas, include the Museum of the Gulf Coast, showcasing the region's history and culture, and Sea Rim State Park, offering outdoor recreational activities such as fishing and birdwatching. The city's waterfront location also provides access to scenic views and opportunities for leisure and relaxation.
The Benefits of FHA Down Payment Assistance Home Loan in Port Arthur, Texas
