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 Blossom, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Blossom, TX provides a financial boost to eligible homebuyers in Blossom, 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 Blossom, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Blossom, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Blossom, 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 Blossom, 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 Blossom, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Blossom, 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 Blossom, 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 Blossom, 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.
The FHA Down Payment Assistance Home Loan in Blossom, Texas, offers numerous benefits to homebuyers. One of the primary advantages is the lower down payment requirement, making home ownership more accessible to individuals who may not have substantial savings for a traditional down payment. Additionally, the FHA loan program provides competitive interest rates, allowing borrowers to save money over the life of the loan. It also offers more lenient credit score requirements, making it an attractive option for first-time homebuyers or those with less-than-perfect credit histories. Furthermore, FHA loans are assumable, meaning that if you sell your home, the buyer can take over your existing loan, potentially making your property more appealing to buyers in the future. Demographics of Blossom, Texas Blossom, Texas, is a charming rural town with a population of approximately 1,400 residents. The community consists of diverse age groups, including young families, retirees, and working professionals. Housing Market in Blossom, Texas The housing market in Blossom, Texas, is characterized by a mix of historic homes and modern developments. The median home price in the area is affordable, making it an attractive location for first-time homebuyers and individuals looking to invest in real estate. Main Attractions in Blossom, Texas Blossom, Texas, boasts picturesque outdoor spaces, including parks and nature trails, perfect for outdoor enthusiasts. The town also features local shops, restaurants, and community events that showcase its small-town charm.
Benefits of FHA Down Payment Assistance Home Loan in Blossom, Texas
