Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Port Mansfield, TX

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 Mansfield, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Port Mansfield, TX?

Our Down Payment Assistance program in Port Mansfield, TX provides a financial boost to eligible homebuyers in Port Mansfield, 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.

Forgivable grant for FHA loans in Port Mansfield, TX

Key Features of Our FHA Down Payment Assistance in Port Mansfield, TX

1. Nearly Nationwide Availability

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 Mansfield, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Port Mansfield, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Port Mansfield, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Port Mansfield, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Port Mansfield, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Port Mansfield, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Port Mansfield, 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.

First-time homebuyer FHA assistance in Port Mansfield, TX
Start Your Journey Today

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 Mansfield, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Port Mansfield, Texas

Benefits: The FHA Down Payment Assistance Home Loan program in Port Mansfield, Texas offers eligible buyers the chance to secure a home with a lower down payment requirement, making homeownership more achievable. This assistance helps individuals and families who may not have the means for a large down payment to get on the property ladder.

Demographics: Port Mansfield, Texas, is a small coastal town with a population of approximately X residents. The community is diverse, with a mix of families, retirees, and young professionals. The town has a close-knit feel, and residents enjoy a peaceful and laid-back lifestyle.

Housing Market: The housing market in Port Mansfield is stable, with a range of housing options available, from cozy beachfront cottages to modern apartments. The median home price in the area is $X, making it an attractive location for first-time buyers and those looking to invest in waterfront properties.

Main Attractions: Port Mansfield boasts a beautiful coastline, perfect for fishing, boating, and relaxing by the sea. The town is also known for its vibrant local restaurants serving fresh seafood and its friendly community events, making it a welcoming place to call home.

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