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 Maria, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santa Maria, TX provides a financial boost to eligible homebuyers in Santa Maria, 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 Maria, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santa Maria, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santa Maria, 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 Maria, 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 Maria, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santa Maria, 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 Maria, 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 Maria, 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.
Benefits: An FHA Down Payment Assistance Home Loan in Santa Maria, Texas, offers numerous benefits for homebuyers. This program helps individuals with limited cash reserves achieve their dream of homeownership by providing financial assistance for the down payment, making it more accessible for first-time buyers. Demographics: Santa Maria, Texas, located in the southern region of the state, boasts a diverse population with a mix of different ethnicities, creating a vibrant and inclusive community. The area is known for its friendly residents, affordable cost of living, and opportunities for growth and development. Housing Market: The housing market in Santa Maria, Texas, is thriving, with a range of options to suit different preferences and budgets. The availability of FHA Down Payment Assistance Home Loans has further stimulated the real estate market, making it easier for potential buyers to invest in properties and secure their future. Main Attractions: Aside from its housing benefits, Santa Maria offers a variety of attractions and activities for residents and visitors alike. From beautiful parks and recreational facilities to cultural events and local eateries, Santa Maria has something for everyone to enjoy.
The Benefits of FHA Down Payment Assistance Home Loan in Santa Maria, Texas
