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 Arp, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Arp, TX provides a financial boost to eligible homebuyers in Arp, 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 Arp, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Arp, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Arp, 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 Arp, 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 Arp, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Arp, 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 Arp, 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 Arp, 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 offer several advantages for homebuyers in Arp, Texas. These loans require a lower down payment, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, making them suitable for those with less than perfect credit. Demographics in Arp, Texas: Arp is a small town located in East Texas with a population of approximately X,XXX residents. The median age in Arp is XX years, and the median household income is $XX,XXX. The town has a diverse community with a mix of families, young professionals, and retirees. Housing Market: The housing market in Arp, Texas, offers a variety of options for homebuyers, ranging from cozy single-family homes to spacious properties with large yards. The median home value in Arp is $XXX,XXX, and the market has seen steady growth in recent years, making it an attractive location for both first-time buyers and investors. Main Attractions: Arp, Texas, is known for its charming downtown area, which features a mix of local shops, restaurants, and cafes. The town is also surrounded by beautiful natural landscapes, including parks and lakes, offering plenty of opportunities for outdoor recreation and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Arp, Texas
