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 Victoria, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Victoria, TX provides a financial boost to eligible homebuyers in Victoria, 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 Victoria, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Victoria, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Victoria, 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 Victoria, 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 Victoria, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Victoria, 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 Victoria, 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 Victoria, 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 Victoria, Texas offer numerous advantages to prospective homebuyers. These benefits include lower down payment requirements, competitive interest rates, and less strict credit score requirements, making homeownership more accessible to a wider range of individuals. Demographically, Victoria, Texas, boasts a diverse population with a mix of young professionals, families, and retirees. The city's strong economy, affordable cost of living, and excellent school system make it an attractive destination for those looking to settle down and invest in real estate. The housing market in Victoria, Texas, is currently experiencing steady growth, with a wide range of housing options available to suit various budgets and preferences. From historic homes in charming neighborhoods to modern developments with state-of-the-art amenities, Victoria offers something for everyone. Main attractions in Victoria include the beautiful Riverside Park, the vibrant Downtown area with its shops and restaurants, and the engaging Museum of the Coastal Bend. With its rich history, thriving community, and picturesque surroundings, Victoria is a wonderful place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Victoria, Texas
