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 Buna, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buna, TX provides a financial boost to eligible homebuyers in Buna, 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 Buna, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buna, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buna, 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 Buna, 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 Buna, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buna, 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 Buna, 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 Buna, 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 provide an opportunity for first-time homebuyers to secure a house with a lower down payment requirement, often as low as 3.5%. This makes homeownership more accessible and achievable for individuals who may not have significant savings. Demographically, Buna, Texas, has a population of approximately 2,000 residents, with a median age of 36. The town is predominantly White (82%), followed by Hispanic (9%) and African American (6%). The community has a mix of families and retirees, creating a diverse and welcoming environment. In terms of the housing market, Buna offers a range of housing options, including single-family homes, townhouses, and apartments. The median home value in Buna is around $140,000, making it an affordable location for homebuyers. The market is relatively stable, with steady demand and a moderate inventory of properties. Main attractions in Buna include the Big Thicket National Preserve, a popular destination for outdoor enthusiasts offering hiking, birdwatching, and wildlife viewing opportunities. The town also has local parks, shops, and restaurants that cater to residents and visitors, enhancing the quality of life in the community.
Benefits of FHA Down Payment Assistance Home Loan in Buna, Texas
