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 Benito, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Benito, TX provides a financial boost to eligible homebuyers in San Benito, 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 Benito, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Benito, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Benito, 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 Benito, 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 Benito, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Benito, 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 Benito, 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 Benito, 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 in San Benito, Texas, offers the advantage of lower down payment requirements, making homeownership more accessible to individuals and families. This can be especially beneficial for first-time homebuyers who may struggle to save for a traditional down payment. Additionally, this type of loan often comes with competitive interest rates, helping borrowers save money over the life of the loan. The FHA program also provides flexible qualification criteria, making it easier for individuals with less-than-perfect credit to qualify for a mortgage. Furthermore, FHA loans typically have lower closing costs compared to conventional loans, reducing the upfront expenses associated with buying a home. This can help buyers retain more savings or allocate funds towards other moving and homeownership expenses. Demographics of San Benito, Texas San Benito, Texas, is a diverse community with a population that includes a mix of Hispanic, White, and other ethnicities. The city has a strong sense of community and offers residents access to various cultural events and activities that celebrate its rich heritage. Housing Market in San Benito, Texas The housing market in San Benito, Texas, provides a range of options for homebuyers, from affordable single-family homes to spacious properties. The area's real estate market has shown steady growth in recent years, offering favorable conditions for both buyers and sellers. Main Attractions in San Benito, Texas San Benito, Texas, boasts a variety of attractions, including the Texas Conjunto Music Hall of Fame & Museum, the San Benito Veterans War Memorial, and the beautiful Heavin Resaca Trail. Residents and visitors can also enjoy the city's parks, shopping centers, and local dining scene.
Benefits of FHA Down Payment Assistance Home Loan in San Benito, Texas
