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 Burkett, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Burkett, TX provides a financial boost to eligible homebuyers in Burkett, 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 Burkett, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Burkett, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Burkett, 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 Burkett, 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 Burkett, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Burkett, 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 Burkett, 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 Burkett, 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.
One of the primary benefits of utilizing an FHA down payment assistance home loan in Burkett, Texas is the lower down payment requirement. This allows individuals who may not have substantial savings to purchase a home and start building equity. Additionally, FHA loans typically have lower credit score requirements, making homeownership more accessible to a wider range of individuals. Demographically, Burkett, Texas is a small, tight-knit community with a population that values strong community bonds and a sense of belonging. The town has a mix of residents, including families, young professionals, and retirees, creating a diverse and welcoming atmosphere. In terms of the housing market, Burkett offers a range of housing options from cozy single-family homes to spacious ranch-style properties. The market is relatively stable, with affordable home prices compared to larger cities in Texas, making it an attractive option for first-time homebuyers or those looking to relocate. Main attractions in Burkett include the beautiful nearby parks and recreational areas, providing opportunities for outdoor activities such as hiking, fishing, and picnicking. The town also has a rich historical background, with museums and cultural sites that showcase its heritage and traditions.
Benefits of FHA Down Payment Assistance Home Loan in Burkett, Texas
