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 Dennis, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dennis, TX provides a financial boost to eligible homebuyers in Dennis, 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 Dennis, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dennis, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dennis, 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 Dennis, 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 Dennis, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dennis, 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 Dennis, 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 Dennis, 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.
Obtaining an FHA Down Payment Assistance Home Loan in Dennis, Texas can be advantageous for first-time homebuyers and those with limited funds. This program reduces the upfront cash needed for a down payment, making home ownership more accessible. Demographically, Dennis is a small town in Texas with a population of around 900 residents. The community is close-knit, offering a peaceful and family-friendly environment. The town boasts a mix of age groups, with a median age of 41, and a predominantly rural setting. The housing market in Dennis, Texas is favorable for buyers, with a variety of affordable housing options available. The median home price is below the national average, making it an attractive location for those looking to invest in real estate. The FHA loan can further facilitate home purchases by providing financial assistance. Some main attractions in Dennis include its picturesque scenery, charming downtown area, and proximity to outdoor recreational activities. Residents can enjoy a relaxed lifestyle while being within driving distance of larger cities for additional amenities. Overall, Dennis offers a unique blend of small-town charm and affordability for potential homebuyers.
Benefits of FHA Down Payment Assistance Home Loan in Dennis, Texas
