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 Chicota, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chicota, TX provides a financial boost to eligible homebuyers in Chicota, 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 Chicota, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chicota, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chicota, 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 Chicota, 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 Chicota, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chicota, 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 Chicota, 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 Chicota, 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 offer numerous benefits for homebuyers in Chicota, Texas. These loans provide a lower down payment requirement, making homeownership more accessible for individuals and families. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for a mortgage. Demographics in Chicota, Texas show a diverse community with a mix of age groups and backgrounds. The town has a population of approximately 652 residents. The median age is around 41 years old, and the majority of residents are homeowners. Chicota offers a small-town atmosphere with a strong sense of community. The housing market in Chicota, Texas is favorable for potential buyers. With the assistance of FHA loans, individuals can take advantage of the affordable housing options in the area. The median home value in Chicota is $121,000, making it an attractive location for first-time homebuyers and families looking to settle down. Main attractions in Chicota include the nearby Cooper Lake State Park, which offers outdoor activities such as camping, fishing, and hiking. The town also has a rich history, with historical sites like the Chicota Cemetery and the Old Post Office building, providing opportunities for exploration and learning.
Benefits of FHA Down Payment Assistance Home Loan in Chicota, Texas
