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 Buchanan Dam, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buchanan Dam, TX provides a financial boost to eligible homebuyers in Buchanan Dam, 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 Buchanan Dam, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buchanan Dam, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buchanan Dam, 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 Buchanan Dam, 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 Buchanan Dam, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buchanan Dam, 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 Buchanan Dam, 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 Buchanan Dam, 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: The FHA loan program offers benefits such as low down payments, flexible credit score requirements, and competitive interest rates. Down payment assistance programs can further help buyers by providing funds to cover part, or all, of their down payment and closing costs. Demographics: Buchanan Dam, Texas, is a small community with a population of around 1,500 residents. The area is known for its friendly atmosphere and tight-knit community, making it an ideal place for families and retirees alike. Housing Market: The housing market in Buchanan Dam is characterized by a mix of single-family homes, waterfront properties, and ranch-style houses. The real estate market is stable, with moderate home appreciation rates, making it a good investment opportunity for buyers. Main Attractions: Buchanan Dam offers residents and visitors access to the beautiful Lake Buchanan, which is the largest lake in Texas. Outdoor enthusiasts can enjoy fishing, boating, and water sports, while nature lovers can explore the surrounding parks and trails.
FHA Down Payment Assistance Home Loan in Buchanan Dam, Texas
