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 San Angelo, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Angelo, TX provides a financial boost to eligible homebuyers in San Angelo, 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 San Angelo, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Angelo, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Angelo, 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 San Angelo, 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 San Angelo, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Angelo, 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 San Angelo, 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 San Angelo, 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 in San Angelo, Texas offer numerous benefits to homebuyers. These loans provide lower down payment requirements, making homeownership more accessible. They also come with competitive interest rates, allowing buyers to save money over the life of the loan. Demographically, San Angelo is a diverse city with a population that includes a mix of young professionals, families, and retirees. The city's median household income is above the national average, making it an attractive location for those looking to settle down and invest in a home. In terms of the housing market, San Angelo offers a variety of housing options, from historic homes to modern developments. The market is relatively stable, with steady appreciation rates over the years. With the assistance of FHA loans, buyers have more flexibility in choosing their dream home. San Angelo boasts several main attractions, including the San Angelo Riverwalk, a beautiful spot for leisurely walks and outdoor activities. The city is also home to the International Water Lily Garden, a serene oasis showcasing a stunning collection of water lilies. These attractions add to the appeal of living in San Angelo.
Benefits of FHA Down Payment Assistance Home Loan in San Angelo, Texas
