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 Decatur, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Decatur, TX provides a financial boost to eligible homebuyers in Decatur, 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 Decatur, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Decatur, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Decatur, 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 Decatur, 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 Decatur, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Decatur, 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 Decatur, 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 Decatur, 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.
Decatur, Texas offers a range of benefits for homebuyers looking to utilize an FHA Down Payment Assistance Home Loan. One of the key advantages is the ability to purchase a home with a lower down payment requirement, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have competitive interest rates, providing further savings over the life of the loan. Demographically, Decatur is a vibrant community with a mix of young professionals, families, and retirees. The city boasts a strong sense of community and offers excellent educational opportunities through its schools. The population is diverse, creating a rich tapestry of culture and experiences for residents to enjoy. In terms of the housing market, Decatur has seen steady growth in recent years. The city offers a variety of housing options, from historic homes to modern developments, catering to a range of preferences and budgets. With the assistance of FHA loans, potential buyers can take advantage of these opportunities and find their dream home in Decatur. Decatur, Texas is also known for its charming downtown area, filled with unique shops, delicious restaurants, and cultural attractions. The city is located near picturesque parks and outdoor recreation areas, making it an ideal location for nature lovers and outdoor enthusiasts. With a thriving arts scene and a strong sense of community, Decatur offers a high quality of life for residents of all ages.
FHA Down Payment Assistance Home Loan in Decatur, Texas
