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 Borger, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Borger, TX provides a financial boost to eligible homebuyers in Borger, 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 Borger, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Borger, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Borger, 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 Borger, 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 Borger, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Borger, 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 Borger, 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 Borger, 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 several benefits for homebuyers in Borger, Texas. These loans require a lower down payment compared to conventional loans, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for financing. Borger, Texas, attracts a diverse population with a mix of urban and rural living. The city has a strong community feel, with a variety of amenities such as parks, restaurants, and shopping centers. The demographics of Borger include a blend of young families, professionals, and retirees, creating a vibrant and inclusive community. The housing market in Borger, Texas, is competitive yet affordable. With the assistance of FHA Down Payment Assistance home loans, potential buyers can navigate the market more easily and secure their dream home. The real estate market offers a range of housing options, from single-family homes to apartments, catering to various preferences and budgets. Some main attractions in Borger include the Lake Meredith National Recreation Area, perfect for outdoor enthusiasts, and the Hutchinson County Museum, offering a glimpse into the area's rich history. Additionally, the city hosts various events and festivals throughout the year, providing entertainment options for residents of all ages.
FHA Down Payment Assistance Home Loan Benefits in Borger, Texas
