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 Desdemona, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Desdemona, TX provides a financial boost to eligible homebuyers in Desdemona, 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 Desdemona, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Desdemona, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Desdemona, 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 Desdemona, 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 Desdemona, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Desdemona, 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 Desdemona, 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 Desdemona, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan offers low down payments, making homeownership more accessible. It allows for lower credit scores and provides competitive interest rates, making it a popular choice for first-time homebuyers. Demographics: Desdemona, Texas, is a small town with a close-knit community. The population consists of mainly families and individuals looking for a tranquil place to call home. The town has a mix of age groups with a median household income that makes it an attractive option for those seeking affordable housing. Housing Market: Desdemona's housing market offers a variety of options, from single-family homes to spacious properties with land. The real estate market is stable, with a steady increase in property values over recent years. The FHA Down Payment Assistance Home Loan can help individuals looking to invest in Desdemona's growing real estate market. Main Attractions: Despite its small size, Desdemona offers a rich cultural heritage and friendly atmosphere. The town is known for its historical sites, outdoor recreational activities, and local dining options. Living in Desdemona provides a unique blend of a peaceful lifestyle and access to natural beauty.
FHA Down Payment Assistance Home Loan in Desdemona, Texas
