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 Chappell Hill, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chappell Hill, TX provides a financial boost to eligible homebuyers in Chappell Hill, 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 Chappell Hill, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chappell Hill, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, 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 Chappell Hill, Texas, offer numerous benefits to potential homebuyers. These loans provide lower down payment requirements, making homeownership more accessible to first-time buyers. Additionally, FHA loans often have lower credit score requirements, making them a viable option for individuals with less than perfect credit. Demographics: Chappell Hill, Texas, is a charming town with a population of around 600 residents. The community is known for its historic architecture, rich cultural heritage, and friendly atmosphere. The town has a diverse population, with a mix of families, young professionals, and retirees. Housing Market: The housing market in Chappell Hill is vibrant, with a mix of historic homes, modern developments, and spacious ranch properties. The median home price in Chappell Hill is affordable compared to nearby metropolitan areas, making it an attractive option for those looking for a peaceful and picturesque place to call home. Main Attractions: Chappell Hill offers a range of attractions, including the Chappell Hill Historical Society Museum, scenic wineries, and the annual Bluebonnet Festival. Residents can enjoy outdoor activities at nearby parks and nature trails, as well as explore the town's boutique shops and restaurants.
The Benefits of FHA Down Payment Assistance Home Loan
