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 Davilla, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Davilla, TX provides a financial boost to eligible homebuyers in Davilla, 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 Davilla, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Davilla, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Davilla, 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 Davilla, 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 Davilla, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Davilla, 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 Davilla, 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 Davilla, 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 offer numerous benefits for homebuyers in Davilla, Texas. These loans provide a lower down payment requirement, making home ownership more accessible to individuals who may not have substantial savings for a traditional down payment. Furthermore, FHA loans often have more flexible qualification criteria, allowing individuals with lower credit scores or higher debt-to-income ratios to still qualify for a mortgage, facilitating the dream of homeownership for more people in Davilla. Additionally, FHA loans typically offer competitive interest rates, potentially saving borrowers money over the life of the loan compared to other financing options. This can result in more affordable monthly payments and overall cost savings for Davilla residents purchasing homes.
The Benefits of FHA Down Payment Assistance Home Loan in Davilla, Texas
