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 Tehuacana, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tehuacana, TX provides a financial boost to eligible homebuyers in Tehuacana, 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 Tehuacana, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tehuacana, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tehuacana, 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 Tehuacana, 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 Tehuacana, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tehuacana, 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 Tehuacana, 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 Tehuacana, 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 of FHA Down Payment Assistance: Securing an FHA loan in Tehuacana, Texas comes with the advantage of lower down payment requirements, making homeownership more attainable for individuals and families. Additionally, the FHA provides assistance programs that help with down payments and closing costs, easing the financial burden on buyers. Demographics: Tehuacana, Texas, boasts a diverse population with a mix of young families, professionals, and retirees. The community is known for its strong sense of unity and friendly atmosphere, making it an ideal place to call home. Housing Market: The housing market in Tehuacana is robust, offering a variety of housing options ranging from historic homes to modern developments. With the assistance of FHA loans, prospective homeowners can explore the market with greater flexibility and confidence. Main Attractions: In Tehuacana, residents can enjoy a range of attractions, including the Tehuacana Creek Vineyards, which offers wine tastings and scenic views, and the Tehuacana Baptist Church, a historic landmark in the heart of the town.
FHA Down Payment Assistance Home Loan in Tehuacana, Texas