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 Chandler, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chandler, TX provides a financial boost to eligible homebuyers in Chandler, 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 Chandler, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chandler, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chandler, 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 Chandler, 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 Chandler, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chandler, 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 Chandler, 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 Chandler, 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 Chandler, Texas offer numerous benefits to potential homebuyers. These loans allow borrowers to purchase a home with a lower down payment, typically around 3.5%. This can make homeownership more accessible to individuals who may not have substantial savings for a traditional down payment. Additionally, FHA loans are known for their competitive interest rates and flexible credit requirements, making them an attractive option for first-time homebuyers or those with less-than-perfect credit. The FHA also provides options for down payment assistance programs, helping borrowers further reduce their upfront costs. Demographics: Chandler, Texas, is a small but growing city with a diverse population. The community is known for its friendly atmosphere and strong sense of community spirit. The city has a mix of residents from different age groups and backgrounds, creating a vibrant and inclusive community. Housing Market: Chandler's housing market is currently experiencing a boom, with a high demand for homes in the area. The market offers a variety of housing options, from single-family homes to condos and townhouses, catering to different needs and preferences. The FHA down payment assistance program can help buyers navigate this competitive market and secure their dream home. Main Attractions: Chandler boasts several attractions that appeal to both residents and visitors. The city is home to beautiful parks, recreational facilities, and local eateries that offer a taste of southern hospitality. With its rich history and cultural heritage, Chandler provides a unique and welcoming environment for those looking to call it home.
Benefits of FHA Down Payment Assistance Home Loan
