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 O Connor, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Port O Connor, TX provides a financial boost to eligible homebuyers in Port O Connor, 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 O Connor, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Port O Connor, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Port O Connor, 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 O Connor, 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 O Connor, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Port O Connor, 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 O Connor, 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 O Connor, 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 Port O'Connor, Texas, offer numerous benefits to potential home buyers. These loans provide a lower down payment requirement, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, allowing those with less than perfect credit to qualify. The demographics of Port O'Connor, Texas, show a small but growing community. The town has a mix of both young families and retirees, creating a tight-knit and welcoming atmosphere. The area is known for its outdoor recreational activities such as fishing, boating, and wildlife watching. The housing market in Port O'Connor, Texas, is currently experiencing steady growth. With the assistance of FHA loans, more individuals are able to afford homes in this desirable coastal area. The market offers a mix of single-family homes, condos, and waterfront properties, catering to various preferences and budgets. Main attractions in Port O'Connor include the beautiful Selkirk Island, known for its white sandy beaches and excellent fishing opportunities. The town also offers access to the Matagorda Bay Nature Park, where visitors can enjoy hiking trails, bird watching, and picnicking.
Benefits of FHA Down Payment Assistance Home Loan in Port O'Connor, Texas
