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 Sabine Pass, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sabine Pass, TX provides a financial boost to eligible homebuyers in Sabine Pass, 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 Sabine Pass, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sabine Pass, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sabine Pass, 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 Sabine Pass, 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 Sabine Pass, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sabine Pass, 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 Sabine Pass, 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 Sabine Pass, 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 several benefits to homebuyers in Sabine Pass. These loans require lower down payments, making homeownership more accessible to individuals with limited savings. They also offer competitive interest rates and flexible credit requirements, allowing more people to qualify for a mortgage. Sabine Pass, Texas, is a diverse community with a population that represents various age groups and backgrounds. The area is known for its friendly neighborhoods and strong sense of community. With a mix of local businesses and restaurants, residents enjoy a vibrant and welcoming atmosphere. The housing market in Sabine Pass offers a range of options for homebuyers, from cozy bungalows to modern townhouses. The real estate market is stable, with steady appreciation rates and a variety of affordable housing choices. With the help of FHA Down Payment Assistance Home Loans, more individuals can achieve their dream of owning a home in this charming Texas town. Sabine Pass boasts several main attractions, including beautiful parks, scenic waterfronts, and historical landmarks. Outdoor enthusiasts can explore nature trails and wildlife reserves, while history buffs can visit museums and heritage sites. The town's rich culture and recreational activities make it an ideal place to live and raise a family.
Benefits of FHA Down Payment Assistance Home Loan in Sabine Pass, Texas