Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Cleburne, TX

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 Cleburne, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Cleburne, TX?

Our Down Payment Assistance program in Cleburne, TX provides a financial boost to eligible homebuyers in Cleburne, 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.

Forgivable grant for FHA loans in Cleburne, TX

Key Features of Our FHA Down Payment Assistance in Cleburne, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Cleburne, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Cleburne, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Cleburne, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Cleburne, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Cleburne, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Cleburne, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Cleburne, 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.

First-time homebuyer FHA assistance in Cleburne, TX
Start Your Journey Today

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 Cleburne, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Cleburne, Texas

FHA Down Payment Assistance Home Loan in Cleburne, Texas offers many benefits to prospective homebuyers. These loans typically require a lower down payment, making homeownership more accessible to a broader range of individuals. Additionally, FHA loans often have more lenient credit score requirements, making it easier for those with less-than-perfect credit to qualify.

Demographics in Cleburne, Texas show a diverse community with a mix of age groups and backgrounds. The city is known for its friendly atmosphere and welcoming environment. With a growing population, Cleburne offers a range of housing options to cater to different needs and preferences.

The housing market in Cleburne, Texas is robust, with a variety of properties available for sale. The city's real estate market offers affordable housing options, including single-family homes, townhouses, and apartments. With the assistance of FHA loans, more individuals can take advantage of these opportunities to own a home in Cleburne.

Main attractions in Cleburne, Texas include the Layland Museum, Lake Pat Cleburne, and Cleburne State Park. These attractions provide residents and visitors with opportunities for recreation, education, and outdoor activities, contributing to the city's vibrant community and quality of life.

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