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 Bloomington, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bloomington, TX provides a financial boost to eligible homebuyers in Bloomington, 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 Bloomington, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bloomington, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bloomington, 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 Bloomington, 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 Bloomington, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bloomington, 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 Bloomington, 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 Bloomington, 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 loans offer low down payment options, allowing more people to become homeowners. With down payment assistance programs available in Bloomington, Texas, qualifying individuals can purchase a home with as little as 3.5% down. Demographically, Bloomington, Texas, has a population of approximately [insert population number] with a diverse community including Hispanic, White, and African American residents. The median household income is [insert income], making it an inclusive and vibrant place to live. The housing market in Bloomington is currently experiencing steady growth with affordable home prices, making it an attractive option for first-time homebuyers. The median home value is [insert value], and the market offers a variety of housing options suitable for different needs and budgets. Some main attractions in Bloomington include [Attraction 1], [Attraction 2], and [Attraction 3]. From parks and recreational facilities to cultural landmarks, Bloomington has something for everyone to enjoy and explore.
The Benefits of FHA Down Payment Assistance Home Loan in Bloomington, Texas
