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 Vidor, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Vidor, TX provides a financial boost to eligible homebuyers in Vidor, 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 Vidor, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Vidor, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Vidor, 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 Vidor, 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 Vidor, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Vidor, 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 Vidor, 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 Vidor, 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 Home Loan: The FHA loan program offers low down payment options, making homeownership more accessible. Additionally, the down payment assistance programs provide financial support for qualified individuals, easing the burden of upfront costs. Demographics: Vidor, Texas, has a population of approximately 10,579 people. The city has a diverse community with a median age of 37 years. The majority of residents are homeowners, contributing to a stable and tight-knit neighborhood. Housing Market: The housing market in Vidor is competitive yet affordable. The median home value is $138,000, making it an attractive option for first-time homebuyers. With the assistance of FHA loans, more individuals can fulfill their homeownership dreams in Vidor. Main Attractions: Vidor offers a range of attractions, including the Big Thicket National Preserve, where residents can enjoy outdoor activities such as hiking and birdwatching. Additionally, the city has a vibrant downtown area with local shops and restaurants, creating a charming community atmosphere.
FHA Down Payment Assistance Home Loan in Vidor, Texas
