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 Santa Elena, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Elena, TX provides a financial boost to eligible homebuyers in Santa Elena, 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 Santa Elena, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Elena, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Elena, 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 Santa Elena, 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 Santa Elena, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Elena, 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 Santa Elena, 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 Santa Elena, 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 Loan in Santa Elena, Texas offers low down payment requirements, making homeownership more accessible to a wider range of individuals. This program can help first-time homebuyers secure a loan with a lower credit score and income compared to traditional loans. Demographics: Santa Elena, Texas, is a culturally rich community with a diverse population. The town is known for its strong Hispanic heritage, charming neighborhoods, and friendly residents. The area has a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. Housing Market: Santa Elena, Texas, offers a variety of housing options, from historic homes to modern apartments. The real estate market is stable, with affordable home prices and a range of properties to choose from. With the FHA Down Payment Assistance Home Loan, buyers can take advantage of favorable interest rates and flexible terms. Main Attractions: In Santa Elena, Texas, residents can enjoy the beautiful Santa Elena Canyon, known for its stunning views and opportunities for outdoor activities such as hiking, camping, and birdwatching. The town also boasts local restaurants, shops, and cultural events that showcase its unique charm.
Benefits of FHA Down Payment Assistance Home Loan in Santa Elena, Texas
