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 Presidio, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Presidio, TX provides a financial boost to eligible homebuyers in Presidio, 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 Presidio, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Presidio, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Presidio, 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 Presidio, 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 Presidio, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Presidio, 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 Presidio, 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 Presidio, 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 Presidio, Texas. These loans provide a lower down payment requirement, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower interest rates and more flexible credit score requirements, further aiding potential buyers in achieving their dream of owning a home. Presidio, Texas, is a diverse community with a rich cultural heritage. The town has a population that represents various ethnicities and backgrounds, creating a vibrant and welcoming atmosphere. The demographics of Presidio make it an inclusive and tight-knit community, perfect for those looking to settle down and become part of a friendly neighborhood. The housing market in Presidio, Texas, is dynamic and offers a range of options for buyers. With the assistance of FHA loans, prospective homeowners can explore a variety of properties, from single-family homes to condominiums. The market provides opportunities for both first-time buyers and seasoned investors, with options that cater to different preferences and budget constraints. While considering a home purchase in Presidio, Texas, you can also explore the town's main attractions. From the beautiful Big Bend National Park to the historic Fort Leaton State Historic Site, Presidio offers a mix of natural beauty and cultural heritage. Residents can enjoy outdoor activities, local cuisine, and a welcoming community that highlights the best of Texas living.
Benefits of FHA Down Payment Assistance Home Loan in Presidio, Texas
