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 Anna, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Anna, TX provides a financial boost to eligible homebuyers in Anna, 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 Anna, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Anna, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Anna, 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 Anna, 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 Anna, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Anna, 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 Anna, 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 Anna, 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 Loan in Anna, Texas provides a valuable opportunity for first-time homebuyers or those with lower credit scores to achieve homeownership. This program offers reduced down payment requirements, lower interest rates, and increased access to financing for eligible applicants. Demographics: Anna, Texas is a rapidly growing city located in Collin County. With a population of approximately 14,000 residents, the city has a diverse community that offers a mix of suburban and rural living. The median household income in Anna is around $80,000, making it an attractive location for families and working professionals. Housing Market: The housing market in Anna, Texas is booming, with a range of housing options available to suit different budgets and preferences. The median home price in Anna is around $250,000, making it an affordable option for homebuyers. The FHA Down Payment Assistance Home Loan can make purchasing a home in Anna even more accessible for qualified buyers. Main Attractions: Anna, Texas offers a unique blend of small-town charm and modern amenities. Residents can enjoy outdoor activities at Slayter Creek Park, explore historic downtown Anna, or visit local shops and restaurants. The city's convenient location near major highways provides easy access to nearby attractions in Dallas and McKinney.
Benefits of FHA Down Payment Assistance Home Loan in Anna, Texas
