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 Broaddus, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Broaddus, TX provides a financial boost to eligible homebuyers in Broaddus, 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 Broaddus, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Broaddus, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Broaddus, 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 Broaddus, 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 Broaddus, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Broaddus, 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 Broaddus, 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 Broaddus, 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.
Benefits of FHA Down Payment Assistance Home Loan: This type of loan allows homebuyers to purchase a home with a lower down payment, making homeownership more accessible. Additionally, the FHA loan offers competitive interest rates and flexible credit requirements. Demographics: Broaddus, Texas, is a small town with a population of approximately X residents. The community is known for its friendly atmosphere and tight-knit community spirit, making it an ideal place for families and retirees alike. Housing Market: The housing market in Broaddus offers a mix of single-family homes, ranch-style properties, and vacant land for development. With the assistance of FHA loans, prospective buyers can find affordable housing options that suit their needs and budget. Main Attractions: Broaddus is surrounded by natural beauty, including the stunning Sam Rayburn Reservoir, which offers opportunities for fishing, boating, and outdoor recreation. The town also boasts local shops, restaurants, and community events that celebrate its unique heritage.
FHA Down Payment Assistance Home Loan in Broaddus, Texas
