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 Wheeler, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ben Wheeler, TX provides a financial boost to eligible homebuyers in Ben Wheeler, 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 Wheeler, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ben Wheeler, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ben Wheeler, 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 Wheeler, 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 Wheeler, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ben Wheeler, 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 Wheeler, 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 Wheeler, 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 significant benefits of an FHA Down Payment Assistance Home Loan is the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible to a wider range of individuals. This can be particularly advantageous for first-time homebuyers or those with limited savings. Another advantage is that FHA loans often have more lenient credit score requirements compared to conventional loans, allowing individuals with less-than-perfect credit to qualify for financing. Additionally, FHA loans generally offer competitive interest rates, which can result in lower monthly mortgage payments. Furthermore, FHA loans provide options for down payment assistance programs that can further reduce the upfront costs associated with buying a home in Ben Wheeler, Texas, making it an attractive choice for those looking to achieve the dream of homeownership. Demographics Ben Wheeler, Texas, is a small, tight-knit community with a population of approximately 400 residents. The town boasts a diverse population, with a mix of families, retirees, and young professionals creating a welcoming and inclusive atmosphere. Housing Market The housing market in Ben Wheeler, Texas, offers a variety of options ranging from cozy single-family homes to spacious estates, catering to different preferences and budgets. The market is currently stable, with moderate appreciation rates, making it a favorable environment for buyers and sellers alike. Main Attractions Despite its small size, Ben Wheeler has much to offer residents and visitors. The town is known for its historic charm, with quaint shops, local eateries, and vibrant community events celebrating its rich heritage. Additionally, the picturesque countryside surrounding Ben Wheeler provides ample opportunities for outdoor recreation, including hiking, fishing, and camping.
Benefits of FHA Down Payment Assistance Home Loan in Ben Wheeler, Texas
