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 Brownfield, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Brownfield, TX provides a financial boost to eligible homebuyers in Brownfield, 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 Brownfield, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Brownfield, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Brownfield, 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 Brownfield, 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 Brownfield, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Brownfield, 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 Brownfield, 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 Brownfield, 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.
One key benefit of FHA Down Payment Assistance Home Loan in Brownfield, Texas is the lower down payment requirement, making home ownership more attainable for first-time buyers and those with limited savings. Demographics in Brownfield, Texas show a diverse community with a population of around 10,000 residents. The town has a mix of Hispanic, White, and African American residents, creating a rich cultural tapestry in the area. The housing market in Brownfield, Texas is stable with affordable housing options available for buyers. The FHA loan program helps stimulate the housing market by providing support to potential homebuyers, thereby contributing to the overall growth of the real estate sector in the region. Main attractions in Brownfield, Texas include the Historic Train Depot Museum, which offers a glimpse into the town's past, as well as the local parks and recreational areas that provide residents with outdoor spaces for leisure and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Brownfield, Texas
