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 Ben Franklin, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ben Franklin, TX provides a financial boost to eligible homebuyers in Ben Franklin, 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 Ben Franklin, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ben Franklin, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ben Franklin, 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 Ben Franklin, 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 Ben Franklin, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ben Franklin, 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 Ben Franklin, 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 Ben Franklin, 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 numerous benefits to homebuyers in Ben Franklin, Texas. These loans require lower down payments, making home ownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, providing opportunities for individuals with less-than-perfect credit to still qualify for a loan. Demographically, Ben Franklin, Texas, is a diverse community with a mix of residents from various backgrounds. The area boasts a strong sense of community and a range of amenities, including schools, parks, and shopping centers. With a growing population and expanding job market, Ben Franklin offers a promising environment for new homeowners. In terms of the housing market, Ben Franklin, Texas, provides a range of housing options to suit different preferences and budgets. The market has been stable in recent years, with steady appreciation rates. The availability of FHA down payment assistance home loans further stimulates the market by encouraging more buyers to invest in the area. Main attractions in Ben Franklin include picturesque parks, historical sites, and cultural events that bring the community together. Residents and visitors can enjoy outdoor activities, local festivals, and vibrant dining options that showcase the town's unique charm.
Benefits of FHA Down Payment Assistance Home Loan in Ben Franklin, Texas
