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 Dallas, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dallas, TX provides a financial boost to eligible homebuyers in Dallas, 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 Dallas, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dallas, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dallas, 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 Dallas, 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 Dallas, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dallas, 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 Dallas, 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 Dallas, 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 Dallas, Texas offer several benefits to prospective homebuyers. One of the primary advantages is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes homeownership more accessible to individuals who may not have significant savings for a traditional down payment. Demographically, Dallas, Texas is a diverse and vibrant city with a growing population. It is home to a mix of cultures, making it a rich tapestry of traditions and backgrounds. The city attracts young professionals, families, and retirees alike, offering something for everyone. In terms of the housing market, Dallas is experiencing steady growth and demand for properties. Home values have been increasing steadily, making it an attractive investment for homebuyers. The availability of FHA Down Payment Assistance Home Loans has further fueled the housing market by enabling more individuals to purchase homes in the area. Some of the main attractions in Dallas include the iconic Dealey Plaza, the Dallas Museum of Art, and the vibrant Deep Ellum neighborhood known for its live music and art scene. Residents also enjoy the vast green spaces like Klyde Warren Park and White Rock Lake, providing ample opportunities for outdoor recreation.
Benefits of FHA Down Payment Assistance Home Loan in Dallas, Texas
