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 Buffalo Gap, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buffalo Gap, TX provides a financial boost to eligible homebuyers in Buffalo Gap, 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 Buffalo Gap, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buffalo Gap, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buffalo Gap, 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 Buffalo Gap, 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 Buffalo Gap, 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 offer numerous advantages for homebuyers in Buffalo Gap, Texas. These loans provide financial support by offering lower down payment requirements, making home ownership more accessible to a wider range of individuals and families. Demographically, Buffalo Gap is a quaint town in Taylor County, Texas, with a population of over 500 residents. The town boasts a diverse community, with a mix of young professionals, families, and retirees enjoying a peaceful lifestyle in a picturesque setting. The housing market in Buffalo Gap is characterized by a mix of historic homes and newer developments, providing options for different preferences and budgets. With the assistance of FHA loans, buyers can benefit from competitive interest rates and favorable terms, making it an attractive market for both first-time buyers and seasoned investors. Main attractions in Buffalo Gap include the Buffalo Gap Historic Village, a living history museum showcasing the town's heritage, and the stunning views of the nearby Caprock Escarpment. The town also offers outdoor recreational opportunities, such as hiking and birdwatching, making it an ideal location for nature enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Buffalo Gap, Texas
