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 South Bend, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in South Bend, TX provides a financial boost to eligible homebuyers in South Bend, 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 South Bend, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in South Bend, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in South Bend, 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 South Bend, 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 South Bend, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in South Bend, 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 South Bend, 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 South Bend, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in South Bend, Texas, is that it helps individuals and families achieve homeownership by offering lower down payment requirements compared to traditional loans. This can make purchasing a home more accessible and affordable. Additionally, FHA loans have competitive interest rates and flexible credit requirements, making them suitable for a wider range of borrowers. The down payment assistance programs further support buyers by providing funds to cover a portion of the down payment or closing costs. By utilizing an FHA Down Payment Assistance Home Loan in South Bend, Texas, residents can benefit from stable housing costs, build equity over time, and enjoy the pride of homeownership in a community they love.
Benefits of FHA Down Payment Assistance Home Loan in South Bend, Texas
