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 Cat Spring, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cat Spring, TX provides a financial boost to eligible homebuyers in Cat Spring, 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 Cat Spring, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cat Spring, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cat Spring, 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 Cat Spring, 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 Cat Spring, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cat Spring, 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 Cat Spring, 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 Cat Spring, 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 in Cat Spring, Texas provide an opportunity for first-time homebuyers to secure a home with a lower down payment requirement, making homeownership more accessible. The demographics of Cat Spring, Texas, include a mix of families and retirees, offering a close-knit community feel. The area boasts a lower cost of living compared to larger cities in Texas, making it an attractive option for those looking to settle down. The housing market in Cat Spring is stable, with a variety of housing options available, from single-family homes to ranch-style properties. The FHA Down Payment Assistance Home Loan program can help potential buyers navigate the market and find a home that fits their needs and budget. Main Attractions Some main attractions in Cat Spring include the Cat Spring Agricultural Society Hall, a historic gathering place for community events, and the Cat Spring Volunteer Fire Department, which serves as a hub for local emergency services.
Benefits of FHA Down Payment Assistance Home Loan in Cat Spring, Texas