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 Felipe, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Felipe, TX provides a financial boost to eligible homebuyers in San Felipe, 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 Felipe, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Felipe, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Felipe, 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 Felipe, 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 Felipe, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Felipe, 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 Felipe, 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 Felipe, 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 an FHA Down Payment Assistance Home Loan in San Felipe, Texas is the lower down payment requirement. This can make homeownership more accessible to a wider range of individuals and families, especially first-time homebuyers. Another advantage is the competitive interest rates offered by FHA loans. This can help reduce the overall cost of borrowing and make monthly mortgage payments more affordable for homeowners in San Felipe. Additionally, FHA loans often have more flexible qualification requirements, making it easier for individuals with less-than-perfect credit scores to qualify for a home loan in San Felipe. Demographics San Felipe, Texas, is a diverse community with a mix of residents from different backgrounds and cultures. The population is known for its strong sense of community and neighborly spirit, making it a welcoming place to call home. Housing Market The housing market in San Felipe offers a range of housing options, from historic homes to modern constructions. The market is characterized by steady growth and a stable real estate environment, making it an attractive location for homebuyers looking to invest in property. Main Attractions San Felipe is rich in history and culture, with attractions such as the San Felipe de Austin State Historic Site, showcasing the town's important role in Texas history. The area also boasts scenic parks, charming local shops, and a variety of dining options, making it a vibrant and lively community.
FHA Down Payment Assistance Home Loan Benefits in San Felipe, Texas
