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 Cresson, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cresson, TX provides a financial boost to eligible homebuyers in Cresson, 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 Cresson, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cresson, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cresson, 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 Cresson, 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 Cresson, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cresson, 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 Cresson, 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 Cresson, 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.
The FHA Down Payment Assistance Home Loan in Cresson, Texas provides several key benefits for prospective homebuyers. This program offers financial assistance to cover a portion of the down payment, making homeownership more accessible to individuals and families who may not have substantial savings. Demographics in Cresson, Texas showcase a vibrant community with a mix of residents from various age groups and backgrounds. The town has a population that values a close-knit community feel, offering a blend of rural charm and proximity to urban amenities, making it an attractive place to call home. The housing market in Cresson, Texas is competitive yet affordable. With the help of FHA Down Payment Assistance, potential buyers can navigate the market more confidently, knowing they have support to secure their dream home. The town offers a range of housing options, from cozy single-family homes to spacious properties with scenic views. Some main attractions in Cresson, Texas include the renowned SugarTree Golf Club, providing residents with a serene and picturesque golfing experience. Additionally, the nearby 7R Ranch offers outdoor activities like hiking and horseback riding, appealing to nature enthusiasts and adventure seekers alike.
Benefits of FHA Down Payment Assistance Home Loan in Cresson, Texas
