Unlock Your Homeownership Dreams with FHA Down Payment Assistance in San Antonio, TX

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 Antonio, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in San Antonio, TX?

Our Down Payment Assistance program in San Antonio, TX provides a financial boost to eligible homebuyers in San Antonio, 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.

Forgivable grant for FHA loans in San Antonio, TX

Key Features of Our FHA Down Payment Assistance in San Antonio, TX

1. Nearly Nationwide Availability

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 Antonio, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in San Antonio, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in San Antonio, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in San Antonio, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in San Antonio, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in San Antonio, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in San Antonio, 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.

First-time homebuyer FHA assistance in San Antonio, TX
Start Your Journey Today

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 Antonio, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in San Antonio, Texas

FHA Down Payment Assistance Home Loan offers numerous benefits for homebuyers in San Antonio. It provides financial support to help with the upfront costs of purchasing a home, making homeownership more accessible and affordable. With lower down payment requirements and competitive interest rates, this loan option is attractive for first-time buyers and those with limited savings.

San Antonio's population comprises a diverse mix of residents, including young professionals, families, and retirees. The city's vibrant culture, rich history, and thriving job market make it an appealing place to live. With excellent schools, healthcare facilities, and recreational activities, San Antonio offers a high quality of life for its residents.

The housing market in San Antonio is dynamic, with a range of housing options available to suit different preferences and budgets. The city offers a mix of suburban neighborhoods, urban condos, and historic homes. The market is competitive, with a steady demand for housing, making it a favorable environment for both buyers and sellers.

San Antonio is renowned for its attractions, including the historic Alamo Mission, the famous River Walk, and the vibrant Pearl District. The city's cultural events, festivals, and culinary scene draw tourists and locals alike, offering a mix of entertainment and cultural experiences.

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