Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Poteet, 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 Poteet, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Poteet, TX?

Our Down Payment Assistance program in Poteet, TX provides a financial boost to eligible homebuyers in Poteet, 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 Poteet, TX

Key Features of Our FHA Down Payment Assistance in Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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 Poteet, 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.

Get in Touch

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

Benefits of FHA Down Payment Assistance Home Loan in Poteet, Texas

FHA Down Payment Assistance Home Loans in Poteet, Texas provide numerous benefits to potential homebuyers. These loans offer lower down payment requirements, making homeownership more accessible to individuals with limited savings. The assistance programs often come with lower interest rates, reducing overall borrowing costs and monthly payments.

Demographically, Poteet, Texas boasts a diverse community with a mix of age groups and backgrounds. The town has a growing population with a focus on family-oriented living. The region is known for its friendly atmosphere, strong community ties, and welcoming environment for newcomers.

The housing market in Poteet, Texas, is vibrant, with a range of housing options available to suit different budgets and preferences. The area features a mix of traditional single-family homes, new developments, and rural properties. The market is competitive, with steady appreciation rates and a variety of opportunities for both buyers and sellers.

Poteet, Texas, offers a variety of attractions for residents and visitors alike. The town is renowned for its annual Strawberry Festival, celebrating the local strawberry harvest with live music, food vendors, and family-friendly activities. Additionally, the region features outdoor recreational opportunities, historical sites, and a small-town charm that appeals to many.

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