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 Chilton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Chilton, TX provides a financial boost to eligible homebuyers in Chilton, 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 Chilton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Chilton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Chilton, 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 Chilton, 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 Chilton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Chilton, 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 Chilton, 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 Chilton, 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 Chilton, Texas offer numerous benefits to prospective homebuyers. These loans provide a lower down payment requirement, typically around 3.5% of the purchase price, making homeownership more accessible and affordable for many individuals and families. Additionally, FHA loans often have more lenient credit score requirements compared to conventional loans, allowing individuals with lower credit scores to qualify. This can open up homeownership opportunities for a wider range of people who may not otherwise be able to secure financing. Moreover, FHA loans offer competitive interest rates, helping borrowers save money over the life of their loan. Combined with the down payment assistance programs available in Chilton, Texas, these loans can make purchasing a home a reality for more people in the area. Demographics in Chilton, Texas Chilton, Texas, is a small and diverse community located in Falls County. According to the latest census data, the population of Chilton is approximately 1,250 residents. The demographics of the town include a mix of age groups, with a median age of 34 years old. Housing Market in Chilton, Texas The housing market in Chilton, Texas, is dynamic and offers a range of options for homebuyers. The median home value in Chilton is around $120,000, making it an affordable place to buy a home. With the availability of FHA loans and down payment assistance programs, purchasing a home in Chilton is within reach for many prospective buyers. Main Attractions in Chilton, Texas Chilton, Texas, is known for its close-knit community and southern charm. The town offers a variety of local shops, restaurants, and parks for residents to enjoy. Additionally, Chilton is located near recreational areas such as Lake Limestone and Fort Parker State Park, providing opportunities for outdoor activities and relaxation.
The Benefits of FHA Down Payment Assistance Home Loan in Chilton, Texas
