Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Burkburnett, TX

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 Burkburnett, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Burkburnett, TX?

Our Down Payment Assistance program in Burkburnett, TX provides a financial boost to eligible homebuyers in Burkburnett, 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.

Forgivable grant for FHA loans in Burkburnett, TX

Key Features of Our FHA Down Payment Assistance in Burkburnett, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Burkburnett, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Burkburnett, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Burkburnett, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Burkburnett, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Burkburnett, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Burkburnett, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Burkburnett, 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.

First-time homebuyer FHA assistance in Burkburnett, TX
Start Your Journey Today

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 Burkburnett, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Burkburnett, Texas

One of the key benefits of the FHA Down Payment Assistance Home Loan in Burkburnett, Texas is that it allows first-time homebuyers and those with lower credit scores to qualify for a home loan with a lower down payment requirement. This makes homeownership more accessible to a wider range of individuals and families in the area.

Demographically, Burkburnett, Texas is a diverse community with a mix of families, young professionals, and retirees. The population is around X, with a median household income of Y. The city prides itself on its strong sense of community and a range of local amenities to cater to residents of all ages.

In terms of the housing market, Burkburnett offers a variety of housing options, from historic homes to modern developments. The median home value in the area is Z, making it an affordable place to live for many. The market is competitive but stable, with growth projected in the coming years.

Some of the main attractions in Burkburnett include the XYZ Museum, the beautiful XYZ Park, and the annual XYZ Festival. These attractions, combined with the city's proximity to outdoor recreational areas and cultural venues, make Burkburnett a vibrant and welcoming place to call home.

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