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 Alvord, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Alvord, TX provides a financial boost to eligible homebuyers in Alvord, 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 Alvord, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Alvord, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Alvord, 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 Alvord, 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 Alvord, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Alvord, 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 Alvord, 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 Alvord, 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 in Alvord, Texas offers low down payment options, making homeownership more accessible to individuals and families. This program provides potential buyers with the opportunity to qualify for a home loan with a lower credit score compared to traditional loans. Demographics in Alvord, Texas consist of a close-knit community with a population of approximately 1,300 residents. The town has a suburban feel, and the majority of residents own their homes. It is an ideal location for families and those seeking a peaceful small-town atmosphere. The housing market in Alvord, Texas is known for its affordable housing options, with a median home price below the national average. With the assistance of FHA loans, first-time homebuyers can enter the market with greater ease, stimulating growth and stability in the local real estate sector. Main attractions in Alvord, Texas include the historic downtown area, showcasing charming shops and local eateries. Nature enthusiasts can explore the nearby LBJ National Grasslands, offering hiking and camping opportunities amidst picturesque landscapes.
Benefits of FHA Down Payment Assistance Home Loan in Alvord, Texas
