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 Cranfills Gap, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cranfills Gap, TX provides a financial boost to eligible homebuyers in Cranfills Gap, 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 Cranfills Gap, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cranfills Gap, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, 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 Cranfills Gap, Texas, offer lower down payment requirements, making home ownership more accessible to individuals who may not have large savings. Demographics in Cranfills Gap, Texas, show a small population with a tight-knit community feel. The majority of residents are families and retirees, enjoying the peaceful rural setting. In terms of the housing market, Cranfills Gap offers a range of affordable homes, including traditional houses and spacious ranch-style properties. The market is stable, with steady growth in property values over the past few years. Main attractions in Cranfills Gap include the beautiful Meridian State Park, known for its hiking trails and picnic areas, and the historic Rock Church, a landmark in the town that offers a glimpse into its rich past.
Benefits of FHA Down Payment Assistance Home Loan in Cranfills Gap, Texas