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 Clarendon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Clarendon, TX provides a financial boost to eligible homebuyers in Clarendon, 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 Clarendon, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Clarendon, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Clarendon, 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 Clarendon, 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 Clarendon, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Clarendon, 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 Clarendon, 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 Clarendon, 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.
The FHA Down Payment Assistance Home Loan program in Clarendon, Texas offers a great opportunity for first-time homebuyers to achieve their dream of homeownership. With lower down payment requirements and flexibility in credit scores, this program makes owning a home more accessible. Demographically, Clarendon, Texas, is a charming small town with a population of around 2,000 residents. The community is close-knit, and the town offers a peaceful and safe environment for families. The area is known for its strong educational system and family-friendly amenities. In terms of the housing market, Clarendon, Texas, has seen steady growth in recent years. The median home price is affordable compared to urban areas, making it an attractive option for homebuyers. The FHA Down Payment Assistance Home Loan can further help prospective buyers to secure a home in this growing market. Some main attractions in Clarendon include the Saints' Roost Museum, which showcases the town's history, and the Greenbelt Reservoir, perfect for outdoor activities like fishing and boating. The local shops and restaurants add to the town's charm, making it a desirable place to live.
Benefits of FHA Down Payment Assistance Home Loan in Clarendon, Texas
