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 Coppell, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Coppell, TX provides a financial boost to eligible homebuyers in Coppell, 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 Coppell, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Coppell, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Coppell, 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 Coppell, 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 Coppell, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Coppell, 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 Coppell, 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 Coppell, 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 Coppell, Texas offer various benefits to prospective homebuyers. One key advantage is the lower down payment requirement, making homeownership more accessible to a wider range of individuals. Additionally, these loans often come with competitive interest rates, helping buyers save money over the life of the loan. Coppell, Texas, is a vibrant and diverse community located in the heart of the Dallas-Fort Worth metroplex. With a population that reflects a mix of urban and suburban lifestyles, Coppell offers a family-friendly environment with top-rated schools and a strong sense of community. The housing market in Coppell is dynamic, with a range of housing options available to suit different preferences and budgets. The city's real estate market has experienced steady growth in recent years, making it an attractive location for both homebuyers and investors. Some of the main attractions in Coppell include the picturesque Grapevine Springs Park, the historic Old Town Coppell, and the Coppell Nature Park, providing residents with ample opportunities for outdoor recreation and leisure activities.
Benefits of FHA Down Payment Assistance Home Loan in Coppell, Texas