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 Rio Grande City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rio Grande City, TX provides a financial boost to eligible homebuyers in Rio Grande City, 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 Rio Grande City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rio Grande City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rio Grande City, 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 Rio Grande City, 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 Rio Grande City, 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.
The FHA down payment assistance home loan program in Rio Grande City, Texas, offers numerous benefits to potential homebuyers. This initiative enables individuals to secure their dream homes with a lower down payment requirement, making homeownership more attainable and affordable. Demographically, Rio Grande City boasts a vibrant community rich in culture and diversity. The city's population reflects a blend of Hispanic, Caucasian, and other ethnic groups, fostering a welcoming and inclusive environment for residents and visitors alike. The housing market in Rio Grande City is characterized by a range of affordable properties, including single-family homes, townhouses, and condos. The availability of FHA down payment assistance programs further enhances the accessibility of these homes, attracting buyers seeking quality housing options at competitive prices. Explore the local attractions in Rio Grande City, such as the vibrant downtown area, historic sites like La Borde House, and outdoor recreational opportunities along the Rio Grande River. Residents can also enjoy cultural events, festivals, and local cuisine that showcase the city's unique heritage and charm.
Discover the Advantages of FHA Down Payment Assistance in Rio Grande City
