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 Coahoma, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Coahoma, TX provides a financial boost to eligible homebuyers in Coahoma, 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 Coahoma, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Coahoma, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Coahoma, 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 Coahoma, 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 Coahoma, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Coahoma, 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 Coahoma, 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 Coahoma, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Coahoma, Texas, is that it helps first-time homebuyers and those with less perfect credit scores to become homeowners. This program allows eligible borrowers to secure a mortgage with a lower down payment, making homeownership more accessible. Coahoma, Texas, is a small town with a tight-knit community and a population that values its strong family-oriented lifestyle. The demographic makeup of the town includes a mix of age groups, with a significant number of residents being young families looking to settle down and establish roots in the area. The housing market in Coahoma, Texas, offers a range of options from cozy single-family homes to spacious properties with large lots. With the assistance of FHA loans, more individuals and families can consider purchasing homes in the area, helping to boost the local real estate market and stimulate economic growth. While Coahoma may be a small town, it boasts several main attractions that make living in the area enjoyable. Residents can enjoy outdoor activities at Lake Colorado City State Park, explore local history at the Comanche Trail Park, and partake in community events that bring people together.
FHA Down Payment Assistance Home Loan in Coahoma, Texas
