Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Clifton, 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 Clifton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Clifton, TX?

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

Key Features of Our FHA Down Payment Assistance in Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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 Clifton, 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.

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

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

FHA Down Payment Assistance Home Loans in Clifton, Texas provide eligible homebuyers with reduced down payment requirements, making homeownership more accessible to those with limited funds for a down payment. This can help individuals and families achieve their dream of owning a home without the burden of a large upfront payment.

Demographics in Clifton, Texas show a diverse community with a mix of age groups and occupations. The town offers a small-town feel with a tight-knit community that values its heritage and traditions. The proximity to larger cities like Waco and Dallas provides residents with both small-town charm and access to city amenities.

The housing market in Clifton, Texas is characterized by a variety of housing options, including historic homes, new developments, and rural properties. With the assistance of FHA loans, prospective buyers can explore these options more easily, contributing to the growth and stability of the local real estate market.

Main attractions in Clifton, Texas include the Bosque Arts Center, which features galleries, a theater, and cultural events. The town is known for its vibrant arts scene, unique shops, and scenic drives along the Bosque River. Residents and visitors alike enjoy the charming downtown area and the rich history preserved in the local museums.

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