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 Boyd, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Boyd, TX provides a financial boost to eligible homebuyers in Boyd, 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 Boyd, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Boyd, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Boyd, 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 Boyd, 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 Boyd, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Boyd, 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 Boyd, 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 Boyd, 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 Loan in Boyd, Texas provides eligible buyers with lower down payment requirements, making homeownership more accessible. This option can be especially beneficial for first-time homebuyers or those with limited funds for a down payment. Demographics in Boyd, Texas show a population that enjoys a small-town charm with a median age of 38. The community is family-friendly, with a mix of both young families and retirees. The area boasts a strong sense of community and a low crime rate, making it an ideal place to raise a family or settle down. The housing market in Boyd, Texas, offers a range of options from historic homes to new construction. With the help of FHA Down Payment Assistance Home Loans, potential buyers can explore these options with greater ease. The market is stable, with a steady increase in property values, making it a good investment opportunity.
Benefits of FHA Down Payment Assistance Home Loan in Boyd, Texas