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 Chillicothe, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chillicothe, TX provides a financial boost to eligible homebuyers in Chillicothe, 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 Chillicothe, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chillicothe, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chillicothe, 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 Chillicothe, 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 Chillicothe, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chillicothe, 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 Chillicothe, 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 Chillicothe, 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 provides a great opportunity for first-time homebuyers in Chillicothe, Texas. This type of loan offers lower down payment requirements, making homeownership more accessible and affordable for individuals and families. Moreover, FHA loans typically have competitive interest rates and flexible credit score requirements, making them an attractive option for those with limited credit history or lower credit scores. Additionally, the FHA program allows for assistance with closing costs, which can further reduce the financial burden associated with purchasing a home. Demographics: Chillicothe, Texas, is a small town with a population of approximately 700 residents. The community is known for its friendly atmosphere and strong sense of community. The town has a mix of young families, retirees, and working professionals. Housing Market: The housing market in Chillicothe offers a range of options, from historic homes with charm to modern properties with updated amenities. The affordable cost of living in the area makes it an appealing location for those seeking a quieter lifestyle. Main Attractions: Chillicothe is located near several outdoor recreational areas, including parks, lakes, and nature trails, making it a great place for outdoor enthusiasts. The town also has a rich history, with historic sites and museums that offer a glimpse into its past.
Benefits of FHA Down Payment Assistance Home Loan in Chillicothe, Texas
