Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Abilene, 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 Abilene, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Abilene, TX?

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

Key Features of Our FHA Down Payment Assistance in Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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 Abilene, 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.

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

The Benefits of FHA Down Payment Assistance Home Loan in Abilene, Texas

FHA down payment assistance home loans in Abilene, Texas, provide a great opportunity for first-time homebuyers to achieve homeownership with a lower upfront cost. These loans offer low down payment options, making it easier for individuals and families to purchase a home.

Demographics in Abilene, Texas, show a diverse community with a mix of families, young professionals, and retirees. The city is known for its friendly atmosphere and strong sense of community, making it an attractive place to live for people of all ages.

The housing market in Abilene offers a range of options for homebuyers, from historic properties to modern developments. With the assistance of FHA loans, buyers can access affordable financing options and navigate the market with more confidence.

Main attractions in Abilene include the Frontier Texas museum, Abilene Zoo, and the breathtaking landscapes of Buffalo Gap National Grassland. These attractions provide residents with opportunities for entertainment, education, and outdoor recreation.

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