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 Art, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Art, TX provides a financial boost to eligible homebuyers in Art, 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 Art, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Art, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Art, 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 Art, 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 Art, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Art, 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 Art, 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 Art, 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.
Obtaining an FHA Down Payment Assistance Home Loan in Art, Texas offers numerous advantages. This program allows eligible buyers to purchase a home with a lower down payment requirement, making homeownership more achievable for individuals with limited savings. Furthermore, FHA loans often have lower credit score requirements compared to conventional loans, enabling individuals with less-than-perfect credit to qualify for favorable mortgage terms. Additionally, FHA loans offer competitive interest rates, making them a cost-effective option for homebuyers. Moreover, this program provides financial assistance for closing costs, further reducing the upfront expenses associated with buying a home. This can make the home buying process more affordable and accessible for first-time buyers and those with financial constraints. Demographics in Art, Texas Art, Texas, is a diverse community with a mix of residents from various backgrounds. The population is relatively small but close-knit, offering a friendly and welcoming environment for new residents. The town has a blend of different age groups, creating a vibrant and dynamic community. Housing Market in Art, Texas The housing market in Art, Texas, is stable with a range of housing options available to suit different preferences and budgets. The town offers a mix of single-family homes, townhouses, and apartments, providing choices for buyers with varied needs. The real estate market in Art is characterized by competitive pricing and a steady demand for properties. Main Attractions in Art, Texas Art, Texas, is known for its charming downtown area, filled with local shops, restaurants, and cultural attractions. Residents and visitors alike can enjoy exploring the town's art galleries, museums, and historical sites. The town also boasts beautiful parks and outdoor recreational areas, making it an ideal place for nature lovers.
Benefits of FHA Down Payment Assistance Home Loan in Art, Texas
