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 Big Wells, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Big Wells, TX provides a financial boost to eligible homebuyers in Big 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 Big Wells, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Big Wells, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Big 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 Big 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 Big Wells, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Big 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 Big 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 Big 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.
1. Down Payment Assistance: FHA loans offer a lower down payment requirement, making homeownership more accessible to first-time buyers and those with limited savings. 2. Competitive Interest Rates: FHA loans typically have competitive interest rates, allowing borrowers to save money over the life of the loan compared to other financing options. 3. Flexible Qualification Criteria: FHA loans have more lenient qualification requirements, making it easier for individuals with lower credit scores or limited income to qualify for a home loan. Demographics of Big Wells, Texas Big Wells is a small town located in Dimmit County, Texas, with a population of approximately 700 residents. The town has a diverse community, with a mix of Hispanic, White, and African American residents. The housing market in Big Wells, Texas, offers a mix of affordable single-family homes, townhouses, and apartments. The median home price in the area is around $100,000, making it an attractive option for first-time buyers. Big Wells is known for its rich history, friendly community, and beautiful parks. Visitors can enjoy outdoor activities such as hiking, fishing, and bird-watching at the nearby Big Wells City Park.
Benefits of FHA Down Payment Assistance Home Loan in Big Wells, Texas
Housing Market in Big Wells, Texas
Main Attractions in Big Wells, Texas
