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 Buda, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buda, TX provides a financial boost to eligible homebuyers in Buda, 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 Buda, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buda, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buda, 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 Buda, 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 Buda, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buda, 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 Buda, 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 Buda, 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 Buda, Texas provide a great opportunity for homebuyers by allowing them to purchase a property with a lower down payment, typically as low as 3.5% of the purchase price. This program helps make homeownership more accessible to a wider range of individuals, including first-time buyers and those with limited savings. Demographics in Buda, Texas show a diverse community with a mix of young families, professionals, and retirees. The city has a growing population and is known for its friendly neighborhoods, excellent schools, and vibrant local culture. Buda offers a suburban feel with easy access to the amenities of nearby Austin. The housing market in Buda, Texas is thriving, with a range of housing options to suit different needs and budgets. The city's real estate market offers a mix of single-family homes, townhouses, and apartments. The demand for homes in Buda is strong, making it a seller's market in many neighborhoods. Main attractions in Buda, Texas include the picturesque Historic Main Street, which is lined with charming shops and restaurants. Outdoor enthusiasts can enjoy the nearby trails and parks, such as the beautiful Stagecoach Park. Buda also hosts a variety of community events and festivals throughout the year, providing entertainment for residents of all ages.
Benefits of FHA Down Payment Assistance Home Loan in Buda, Texas
