Unlock Your Homeownership Dreams with FHA Down Payment Assistance in San Juan, 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 Juan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in San Juan, TX?

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

Key Features of Our FHA Down Payment Assistance in San Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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 Juan, 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.

Exploring the Benefits of FHA Down Payment Assistance Home Loans in San Juan, Texas

FHA Down Payment Assistance Home Loans provide opportunities for individuals and families in San Juan, Texas, to achieve homeownership with a lower down payment requirement, making it easier to purchase a home.

San Juan, located in Hidalgo County, has a diverse demographic profile with a predominantly Hispanic population speaking both English and Spanish. The city has a growing community of young professionals and families attracted by the affordable cost of living.

The housing market in San Juan offers a range of options from single-family homes to townhouses and condos. The city has seen steady growth in property values, making it a promising location for real estate investments. FHA loans can help buyers navigate the competitive market.

San Juan boasts attractions like the Basilica of Our Lady of San Juan del Valle, a renowned religious site, and the San Juan Plaza, a popular shopping destination. The city's proximity to the Rio Grande provides opportunities for outdoor recreation and cultural experiences.

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