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 Centralia, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Centralia, TX provides a financial boost to eligible homebuyers in Centralia, 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 Centralia, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Centralia, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Centralia, 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 Centralia, 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 Centralia, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Centralia, 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 Centralia, 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 Centralia, 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 Centralia, Texas provides several benefits that make homeownership more accessible. The program offers lower down payment requirements, allowing individuals and families with limited savings to purchase a home. This can be particularly beneficial for first-time homebuyers who may struggle to save up for a traditional down payment. Furthermore, FHA loans typically have more flexible credit score requirements, making it easier for individuals with less-than-perfect credit to qualify for a loan. This can open up homeownership opportunities for a wider range of people who may not meet the strict criteria of conventional loans. In addition, FHA loans often come with competitive interest rates, reducing the overall cost of borrowing for homebuyers. Combined with the down payment assistance program, this can result in significant savings over the life of the loan.
The Benefits of FHA Down Payment Assistance Home Loan in Centralia, Texas
