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 Aledo, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Aledo, TX provides a financial boost to eligible homebuyers in Aledo, 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 Aledo, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Aledo, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Aledo, 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 Aledo, 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 Aledo, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Aledo, 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 Aledo, 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 Aledo, 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 provide a great opportunity for homebuyers in Aledo, Texas, by allowing them to purchase a home with a lower down payment requirement. This can make homeownership more accessible for individuals and families who may not have substantial savings for a traditional down payment. Demographically, Aledo, Texas, is a charming town with a population that values community and a peaceful lifestyle. The town has a mix of young families, professionals, and retirees, making it a diverse and inclusive place to live. With top-rated schools and a strong sense of community, Aledo is an ideal location for raising a family. The housing market in Aledo offers a range of options, from spacious single-family homes to modern townhouses. The area has seen steady growth in property values in recent years, making it an attractive investment opportunity for homebuyers. With the assistance of FHA Down Payment programs, buyers can take advantage of these favorable market conditions to secure their dream home. Some of the main attractions in Aledo include its beautiful parks and outdoor recreational facilities, ideal for nature lovers and outdoor enthusiasts. The town also boasts a vibrant downtown area with quaint shops, restaurants, and cultural events, providing residents with plenty of entertainment options close to home.
Benefits of FHA Down Payment Assistance Home Loan in Aledo, Texas
