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 Valera, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Valera, TX provides a financial boost to eligible homebuyers in Valera, 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 Valera, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Valera, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Valera, 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 Valera, 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 Valera, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Valera, 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 Valera, 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 Valera, 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.
FHA Down Payment Assistance Home Loans in Valera, Texas offer numerous benefits for first-time homebuyers and those with limited financial resources. These loans provide a lower down payment requirement, typically around 3.5%, making homeownership more accessible. Demographically, Valera is a charming small town located in Coleman County, Texas. With a population of approximately 500 residents, it offers a tight-knit community feel and a lower cost of living compared to larger metropolitan areas. The housing market in Valera is currently favorable for buyers, with a range of affordable single-family homes available. The median home price is competitive, and the area provides a tranquil and safe environment for families. Main attractions in Valera include the scenic Valera Reservoir, perfect for fishing and outdoor recreational activities. The town is also known for its historic downtown district, offering unique shops and local dining experiences for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Valera, Texas
