Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Schertz, TX

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 Schertz, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Schertz, TX?

Our Down Payment Assistance program in Schertz, TX provides a financial boost to eligible homebuyers in Schertz, 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.

Forgivable grant for FHA loans in Schertz, TX

Key Features of Our FHA Down Payment Assistance in Schertz, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Schertz, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Schertz, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Schertz, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Schertz, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Schertz, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Schertz, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Schertz, 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.

First-time homebuyer FHA assistance in Schertz, TX
Start Your Journey Today

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 Schertz, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Schertz, Texas

FHA Down Payment Assistance Home Loan in Schertz, Texas provides opportunities for homebuyers to purchase their dream homes with a lower down payment requirement. This can make homeownership more accessible and achievable for individuals and families looking to settle in the beautiful city of Schertz.

Schertz, Texas, a city located in the Greater San Antonio metropolitan area, boasts a diverse population with a mix of young professionals, families, and retirees. The city offers a safe and family-friendly environment with excellent schools, parks, and recreational facilities, making it an ideal place to raise a family.

The housing market in Schertz, Texas, is competitive yet affordable compared to nearby cities. With the assistance of FHA loans, prospective homebuyers have access to flexible financing options and lower interest rates, making it easier to secure a home in this desirable location.

Some of the main attractions in Schertz include Crescent Bend Nature Park, where residents can enjoy hiking trails and scenic views, as well as Pickrell Park, a popular spot for picnics and outdoor activities. The city also hosts community events and festivals throughout the year, fostering a strong sense of community among its residents.

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