Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Abernathy, TX

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 Abernathy, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Abernathy, TX?

Our Down Payment Assistance program in Abernathy, TX provides a financial boost to eligible homebuyers in Abernathy, 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.

Forgivable grant for FHA loans in Abernathy, TX

Key Features of Our FHA Down Payment Assistance in Abernathy, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Abernathy, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Abernathy, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Abernathy, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Abernathy, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Abernathy, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Abernathy, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Abernathy, 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.

First-time homebuyer FHA assistance in Abernathy, TX
Start Your Journey Today

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 Abernathy, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Abernathy, Texas

1. Low Down Payment: FHA loans offer a lower down payment requirement, making homeownership more affordable for individuals and families in Abernathy, Texas.

2. Flexible Credit Requirements: FHA loans are more lenient when it comes to credit scores, making it easier for people with less than perfect credit to qualify for a home loan.

3. Down Payment Assistance Programs: The FHA program allows for various down payment assistance programs that can help buyers with limited funds to purchase a home in Abernathy.

Demographics of Abernathy, Texas

Abernathy is a charming small town located in the state of Texas with a population of around 3,000 residents. The community is known for its friendly atmosphere and strong sense of unity.

Housing Market in Abernathy, Texas

The housing market in Abernathy is diverse, offering a mix of historic homes, newer developments, and spacious ranch-style properties. The median home price is affordable, making it an attractive option for first-time buyers.

Main Attractions in Abernathy, Texas

Some of the main attractions in Abernathy include the Abernathy Antelope Football Stadium, the Abernathy Historical Museum, and nearby scenic parks and recreational areas for outdoor enthusiasts.

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