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 Weslaco, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Weslaco, TX provides a financial boost to eligible homebuyers in Weslaco, 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 Weslaco, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Weslaco, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Weslaco, 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 Weslaco, 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 Weslaco, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Weslaco, 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 Weslaco, 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 Weslaco, 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 Weslaco, Texas offer lower down payment requirements, making homeownership more accessible for first-time buyers. This program helps individuals who may not have saved enough for a traditional down payment to purchase a home. Demographics of Weslaco, Texas indicate a diverse community with a mix of cultures and backgrounds. The city has a growing population with a majority being Hispanic. The median age in Weslaco is relatively young compared to the national average, making it an attractive location for young families. The housing market in Weslaco, Texas is characterized by affordable home prices and a stable market. With the assistance of FHA loans, more residents have the opportunity to own a home in this vibrant city. The market offers a range of housing options from single-family homes to condominiums.
Benefits of FHA Down Payment Assistance Home Loan in Weslaco, Texas
