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 Cameron, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cameron, TX provides a financial boost to eligible homebuyers in Cameron, 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 Cameron, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cameron, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cameron, 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 Cameron, 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 Cameron, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cameron, 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 Cameron, 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 Cameron, 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 Loan in Cameron, Texas offers numerous benefits for potential homebuyers. One of the main advantages is the lower down payment requirement, which allows individuals with limited savings to become homeowners. Additionally, FHA loans typically have more lenient credit score requirements compared to traditional mortgages, making them more accessible to a wider range of borrowers. Demographics in Cameron, Texas show a diverse community with a mix of age groups and cultural backgrounds. The population consists of approximately X% Caucasian, Y% Hispanic, and Z% African American residents. The town is known for its welcoming atmosphere and strong sense of community, making it an ideal place for families and individuals alike. When it comes to the housing market in Cameron, Texas, there is a range of options available to buyers. From historic homes with charming architecture to modern developments with state-of-the-art amenities, the real estate landscape caters to various preferences and budgets. The market is currently stable, with competitive prices and a good inventory of properties to choose from. Cameron, Texas boasts a variety of main attractions, including the picturesque Milam County Courthouse, which is a prominent landmark in the area. The town also offers opportunities for outdoor recreation at places like Wilson-Ledbetter Park and Apache Pass, where residents can enjoy hiking, picnicking, and other leisure activities.
Benefits of FHA Down Payment Assistance Home Loan in Cameron, Texas