Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Denton, TX

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 Denton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Denton, TX?

Our Down Payment Assistance program in Denton, TX provides a financial boost to eligible homebuyers in Denton, 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.

Forgivable grant for FHA loans in Denton, TX

Key Features of Our FHA Down Payment Assistance in Denton, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Denton, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Denton, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Denton, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Denton, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Denton, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Denton, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Denton, 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.

First-time homebuyer FHA assistance in Denton, TX
Start Your Journey Today

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 Denton, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan Benefits in Denton, Texas

Looking to buy a home in Denton, Texas? Consider the benefits of an FHA Down Payment Assistance Home Loan. This program offers low down payments, making homeownership more accessible to a wider range of individuals and families. It also provides competitive interest rates, helping buyers save money over the life of their loan.

Denton, Texas, with a population of over 141,000, is a vibrant and diverse community. The city boasts a thriving arts and culture scene, along with excellent schools and a strong sense of community. With a median household income above the national average, Denton offers residents a high quality of life.

The housing market in Denton is dynamic and growing. With a variety of housing options, from historic homes to modern developments, there is something for everyone. The median home value in Denton is around $250,000, making it an attractive option for first-time buyers and those looking to invest in real estate.

When you're not searching for your dream home, be sure to explore Denton's main attractions. From the historic downtown square to the beautiful parks and recreational facilities, there is no shortage of things to see and do in this bustling city.

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