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

What is Down Payment Assistance in Armstrong, TX?

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

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

Get in Touch

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 Armstrong, Texas

FHA Down Payment Assistance Home Loan program offers benefits such as lower down payment requirements and flexible credit score criteria, making homeownership more accessible to individuals in Armstrong, Texas.

Demographics: Armstrong, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The community is known for its welcoming atmosphere and close-knit neighborhoods.

Housing Market: The housing market in Armstrong, Texas, is vibrant with a range of single-family homes and apartments available. The FHA Down Payment Assistance Home Loan can help potential buyers navigate the market and secure their dream home.

Main Attractions: Armstrong, Texas, offers a variety of attractions including beautiful parks, cultural festivals, and historical landmarks. Residents can enjoy outdoor activities and a rich local culture.

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sharon@horizonlendingservices.com
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972-347-9224
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