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 Marcos, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in San Marcos, TX provides a financial boost to eligible homebuyers in San Marcos, 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 Marcos, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in San Marcos, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in San Marcos, 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 Marcos, 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 Marcos, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in San Marcos, 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 Marcos, 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 Marcos, 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.
FHA Down Payment Assistance Home Loans offer several advantages for homebuyers in San Marcos, Texas. These include lower down payment requirements, competitive interest rates, and easier qualification criteria compared to traditional loans. San Marcos, Texas, is a vibrant city with a diverse population. The demographics include a mix of students from the nearby Texas State University, young professionals, and families. The city's growth in recent years has led to a robust housing market with various options for homebuyers. The housing market in San Marcos provides opportunities for both buyers and sellers. The city offers a range of housing choices, from historic properties to modern developments. With the help of FHA Down Payment Assistance programs, more individuals and families can fulfill their dream of homeownership in this thriving community. Main attractions in San Marcos, Texas, include the scenic San Marcos River, vibrant downtown area with shopping and dining options, and cultural sites like the Centro Cultural Hispano de San Marcos. Residents also enjoy easy access to outdoor activities in the nearby Hill Country, making it an ideal place to live.
Benefits of FHA Down Payment Assistance Home Loan in San Marcos, Texas
