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 Artesia Wells, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Artesia Wells, TX provides a financial boost to eligible homebuyers in Artesia Wells, 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 Artesia Wells, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Artesia Wells, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Artesia Wells, 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 Artesia Wells, 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 Artesia Wells, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Artesia Wells, Texas is the lower down payment requirements, making home ownership more accessible for individuals with limited savings. This type of loan also offers competitive interest rates, helping homebuyers save on long-term costs. Furthermore, FHA loans are available to individuals with lower credit scores, providing an opportunity for more people to qualify for a home loan compared to traditional mortgage options. This makes it a popular choice for first-time home buyers in Artesia Wells. Another advantage is the flexibility in terms of the types of properties that qualify for FHA loans, including single-family homes, multi-family units, and condominiums. This can broaden the options for homebuyers looking to invest in Artesia Wells real estate. Demographics Artesia Wells, Texas has a population that is predominantly rural, with a mix of families and retirees. The median household income in the area is moderate, making FHA Down Payment Assistance Home Loans a viable option for many residents looking to purchase a home. Housing Market The housing market in Artesia Wells offers a variety of options, from cozy single-family homes to spacious ranch-style properties. With the assistance of FHA loans, more buyers can access these homes, contributing to the growth of the local real estate market. Main Attractions Artesia Wells boasts picturesque landscapes, perfect for outdoor enthusiasts. The area is also known for its local markets and cultural events, providing residents with a close-knit community feel. With the benefits of FHA Down Payment Assistance Home Loans, more people can call this charming town their home.
Benefits of FHA Down Payment Assistance Home Loan in Artesia Wells, Texas
