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 Riviera, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Riviera, TX provides a financial boost to eligible homebuyers in Riviera, 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 Riviera, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Riviera, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Riviera, 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 Riviera, 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 Riviera, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Riviera, 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 Riviera, 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 Riviera, 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 provide an excellent opportunity for first-time homebuyers in Riviera, Texas, to achieve their dream of homeownership. These loans offer low down payment requirements, making it easier for individuals with limited savings to purchase a home. Furthermore, FHA loans typically have lower credit score requirements compared to conventional loans, allowing more individuals to qualify. Additionally, borrowers may be eligible for assistance programs that help cover some of the upfront costs associated with buying a home. Alongside these benefits, Riviera, Texas, boasts a diverse demographic makeup with a mix of young professionals, families, and retirees. The town features a tight-knit community that values a high quality of life, making it an attractive place for individuals looking to settle down. In terms of the housing market, Riviera offers a range of housing options to suit various preferences and budgets. The market is relatively stable, with steady appreciation rates, making it a promising location for long-term investment in real estate. Some of the main attractions in Riviera include its beautiful parks, outdoor recreational activities, and proximity to stunning beaches along the Gulf Coast. Residents can enjoy a peaceful small-town atmosphere while still having easy access to urban amenities.
Benefits of FHA Down Payment Assistance Home Loan in Riviera, Texas
