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 Santo, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Santo, TX provides a financial boost to eligible homebuyers in Santo, 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 Santo, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Santo, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Santo, 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 Santo, 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 Santo, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Santo, 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 Santo, 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 Santo, 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.
When considering a home purchase in Santo, Texas, opting for an FHA down payment assistance home loan can provide numerous benefits. This type of loan offers low down payment requirements, allowing more individuals and families to become homeowners. Additionally, FHA loans typically have more lenient credit score requirements, making homeownership more accessible for those with less-than-perfect credit. Demographically, Santo, Texas, is a welcoming community with a diverse population. The town boasts a mix of families, young professionals, and retirees, creating a vibrant and inclusive atmosphere. The area is known for its strong sense of community and excellent school system, making it an attractive location for families looking to settle down. In terms of the housing market, Santo offers a range of housing options to suit various needs and budgets. From charming single-family homes to spacious townhouses, there is something for everyone in Santo. The housing market is stable, with steady appreciation rates making it a sound investment for potential homebuyers. Some main attractions in Santo include the beautiful Clear Fork Trinity River for outdoor enthusiasts, the historic downtown area with unique shops and dining options, and various community events that foster a strong sense of belonging among residents. Santo truly offers a high quality of life for its residents, making it a great place to call home.
FHA Down Payment Assistance Home Loan Benefits in Santo, Texas
