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

What is Down Payment Assistance in Ace, TX?

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

Key Features of Our FHA Down Payment Assistance in Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, 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 Ace, Texas

FHA Down Payment Assistance Home Loan in Ace, Texas provides crucial support for first-time homebuyers by offering lower down payment requirements, making home ownership more accessible.

Demographics of Ace, Texas include a diverse population with a mix of young families and retirees. The community values a tight-knit atmosphere and access to quality schools, making it an ideal location for those looking to settle down.

The housing market in Ace, Texas is stable with a range of affordable housing options available. The FHA Down Payment Assistance Home Loan program adds to the attractiveness of the market by providing financial assistance to potential buyers.

Main attractions in Ace, Texas include the scenic countryside, outdoor recreational activities, and a vibrant local culture. Residents enjoy a peaceful rural lifestyle while still having access to amenities and opportunities for leisure and entertainment.

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