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 Brookston, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Brookston, TX provides a financial boost to eligible homebuyers in Brookston, 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 Brookston, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Brookston, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Brookston, 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 Brookston, 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 Brookston, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Brookston, 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 Brookston, 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 Brookston, 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 in Brookston, Texas offer numerous benefits to potential homebuyers. These loans provide a more accessible pathway to homeownership by requiring lower down payments, flexible credit score requirements, and competitive interest rates. Demographics: Brookston, Texas, a quaint town in Lamar County, has a population of approximately 165 residents. The community boasts a friendly and tight-knit atmosphere, making it an ideal place for families and individuals looking for a peaceful living environment. Housing Market: The housing market in Brookston, Texas, is characterized by a variety of affordable housing options ranging from charming single-family homes to spacious ranch-style properties. With the assistance of FHA loans, prospective buyers can explore these properties with reduced upfront costs. Main Attractions: Despite its small size, Brookston offers a range of attractions for residents and visitors. The town is situated near scenic parks and recreational areas, providing opportunities for outdoor activities such as hiking, fishing, and camping. Additionally, Brookston is known for its local festivals and community events that celebrate the town's rich cultural heritage.
Benefits of FHA Down Payment Assistance Home Loan in Brookston, Texas