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 Cushing, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Cushing, TX provides a financial boost to eligible homebuyers in Cushing, 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 Cushing, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Cushing, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Cushing, 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 Cushing, 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 Cushing, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Cushing, 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 Cushing, 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 Cushing, 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.
1. Lower Down Payment: With an FHA loan, homebuyers can qualify for a mortgage with a lower down payment requirement, making it easier for individuals to become homeowners. 2. Flexible Credit Requirements: FHA loans are more lenient when it comes to credit scores and history, allowing individuals with less-than-perfect credit to still be eligible for a home loan. 3. Competitive Interest Rates: FHA loans offer competitive interest rates, helping homebuyers save money over the life of the loan. Demographics in Cushing, Texas: Cushing is a small town in Nacogdoches County, Texas, with a population of approximately 600 residents. The town has a rural feel and a close-knit community. Housing Market: The housing market in Cushing, Texas, is stable with a median home value of $80,000. There is a mix of older and newer homes available, making it a suitable option for various budgets. Main Attractions: Cushing is known for its outdoor recreational activities, including hiking trails, fishing spots, and beautiful parks. The town also hosts community events and festivals, creating a vibrant and welcoming atmosphere for residents and visitors.
Benefits of FHA Down Payment Assistance Home Loan in Cushing, Texas
