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 Cactus, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cactus, TX provides a financial boost to eligible homebuyers in Cactus, 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 Cactus, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cactus, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cactus, 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 Cactus, 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 Cactus, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cactus, 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 Cactus, 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 Cactus, 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 loans in Cactus, Texas offer a lower down payment requirement, making homeownership more accessible to first-time buyers and those with less-than-perfect credit scores. The down payment assistance program can help with closing costs and provide financial relief to buyers, making the dream of owning a home a reality. Cactus, Texas, located in Moore County, has a diverse population with a mix of cultures and backgrounds. The town's demographics show a growing community with a focus on family values and a strong sense of community spirit. The affordable housing market in Cactus attracts individuals and families looking for a friendly and welcoming place to call home. The housing market in Cactus, Texas, offers a range of options for homebuyers, from cozy single-family homes to spacious ranch-style properties. The real estate market is stable and affordable, with opportunities for investment and growth. With the FHA Down Payment Assistance program, prospective buyers can take advantage of favorable interest rates and flexible loan terms.
Benefits of FHA Down Payment Assistance Home Loan in Cactus, Texas
