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 Athens, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Athens, TX provides a financial boost to eligible homebuyers in Athens, 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 Athens, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Athens, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Athens, 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 Athens, 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 Athens, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Athens, 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 Athens, 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 Athens, 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 main benefits of an FHA Down Payment Assistance Home Loan in Athens, Texas is the lower down payment requirement. This type of loan allows borrowers to purchase a home with a down payment as low as 3.5%, making homeownership more accessible. Another advantage is the competitive interest rates offered by FHA loans. These rates are often more favorable than those of conventional loans, resulting in potential savings over the life of the loan for the borrower. Additionally, FHA loans are known for their flexible credit score requirements, making it easier for individuals with less-than-perfect credit to qualify for a loan and achieve their dream of owning a home in Athens, Texas. Demographics Athens, Texas, has a population of around 12,800 residents with a diverse community makeup. The city has a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere for new residents. Housing Market The housing market in Athens, Texas is currently a seller's market, with a tight inventory of homes and increasing demand. Despite this, the median home prices are still relatively affordable, making it an attractive option for first-time homebuyers looking to invest in property. Main Attractions Athens, Texas, offers a range of attractions for residents and visitors alike. From the Texas Freshwater Fisheries Center to the Henderson County Historical Museum, there are plenty of cultural and recreational activities to enjoy in this charming city.
Benefits of FHA Down Payment Assistance Home Loan in Athens, Texas
