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 Fe, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Fe, TX provides a financial boost to eligible homebuyers in Santa Fe, 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 Fe, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Fe, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Fe, 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 Fe, 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 Fe, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Fe, 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 Fe, 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 Fe, 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 in Santa Fe, Texas offer a valuable opportunity for homebuyers by providing a low down payment option, typically as low as 3.5%. This can make homeownership more accessible to a wider range of individuals who may not have substantial savings for a traditional down payment. Demographics in Santa Fe, Texas show a diverse community with a mix of families and retirees. The town has a population of approximately 13,000 residents and is known for its friendly atmosphere and strong sense of community. The housing market in Santa Fe, Texas is currently experiencing steady growth, with a variety of housing options available to potential buyers. The median home price in Santa Fe is around $250,000, making it an attractive location for those looking to invest in real estate. Main attractions in Santa Fe, Texas include the picturesque Santa Fe Sculpture Park, the historical Heritage Park, and the vibrant local farmers' market. Residents also enjoy easy access to nearby beaches and outdoor recreational activities.
Benefits of FHA Down Payment Assistance Home Loan in Santa Fe, Texas
