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 Avalon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Avalon, TX provides a financial boost to eligible homebuyers in Avalon, 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 Avalon, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Avalon, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Avalon, 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 Avalon, 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 Avalon, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Avalon, 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 Avalon, 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 Avalon, 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 provide an opportunity for first-time homebuyers to secure financing with a lower down payment requirement, making homeownership more accessible. This program offers competitive interest rates and flexible qualification criteria, easing the burden of upfront costs. Demographically, Avalon, Texas, is a small rural town with a tight-knit community. The population is diverse, with a mix of residents of different ages and backgrounds. The town boasts a peaceful environment, ideal for families looking to settle down in a serene setting. In terms of the housing market, Avalon offers a range of affordable options, including single-family homes and spacious plots of land for those looking to build their dream home. The real estate market in Avalon is stable, with moderate appreciation rates, making it an attractive location for both buyers and investors. Main attractions in Avalon include the picturesque Avalon Park, a perfect spot for outdoor activities and community events. The town also has historic sites that reflect its rich heritage, such as the Avalon Museum, showcasing the town's past and cultural significance.
Benefits of FHA Down Payment Assistance Home Loan in Avalon, Texas
