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 Denton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
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.
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.
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.
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.
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.
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 Denton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Denton, 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 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.
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.
Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.
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.
FHA Down Payment Assistance Home Loan Benefits in Denton, Texas