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 Texas City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Texas City, TX provides a financial boost to eligible homebuyers in Texas City, 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 Texas City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Texas City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Texas City, 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 Texas City, 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 Texas City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Texas City, 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 Texas City, 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 Texas City, 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 Texas City, Texas is the lower down payment requirement, making homeownership more accessible to individuals with limited funds. These loans also offer competitive interest rates and flexible credit requirements, making them ideal for first-time homebuyers. Demographically, Texas City has a diverse population with a mix of families, young professionals, and retirees. The city's economy is driven by industries such as petrochemicals, manufacturing, and healthcare, providing residents with a range of job opportunities. The housing market in Texas City offers a variety of options, from historic homes to modern developments. The city has seen steady growth in property values, making it an attractive location for real estate investors. The availability of FHA down payment assistance programs further boosts the housing market by assisting buyers in purchasing their dream homes. Some main attractions in Texas City include the Texas City Dike, a popular spot for fishing and outdoor activities, and the Texas City Museum, which showcases the city's rich history. The city also has several parks, shops, and restaurants, creating a vibrant community for residents to enjoy.
FHA Down Payment Assistance Home Loan in Texas City, Texas
