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 Elizario, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Elizario, TX provides a financial boost to eligible homebuyers in San Elizario, 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 Elizario, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Elizario, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Elizario, 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 Elizario, 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 Elizario, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Elizario, 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 Elizario, 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 Elizario, 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.
One of the key benefits of the FHA Down Payment Assistance program in San Elizario, Texas is that it allows individuals and families with limited savings to achieve homeownership. This program provides financial assistance towards the down payment, making it easier for buyers to qualify for a mortgage and purchase a home. Demographically, San Elizario is a diverse community with a mix of Hispanic, White, and Native American residents. The median household income is around the national average, making down payment assistance programs crucial for many potential homeowners in the area. In terms of the housing market, San Elizario offers a range of affordable housing options, from single-family homes to multi-unit properties. The availability of FHA loans with down payment assistance helps stimulate the real estate market by increasing the number of potential buyers and supporting property values. Main attractions in San Elizario include the San Elizario Historic District, which features adobe buildings and art galleries that showcase the area's rich cultural heritage. Additionally, the community is known for its annual events like the San Elizario Dia de los Muertos festival, attracting visitors from across the region.
Benefits of FHA Down Payment Assistance in San Elizario, Texas
