Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Devers, 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 Devers, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Devers, TX?

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

Key Features of Our FHA Down Payment Assistance in Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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 Devers, 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.

Benefits of FHA Down Payment Assistance Home Loan in Devers, Texas

FHA Down Payment Assistance Home Loans offer various benefits to potential homeowners in Devers, Texas. These loans require lower down payments, making homeownership more accessible to individuals with limited savings. Additionally, they often have lower credit score requirements, allowing more people to qualify for a mortgage.

Demographics in Devers, Texas, paint a picture of a diverse community. With a mix of age groups and cultural backgrounds, Devers offers a welcoming environment for all. The town has a steadily growing population, indicating a vibrant and thriving community.

In terms of the housing market, Devers, Texas, presents affordable housing options for both buyers and renters. The market is relatively stable, with a variety of properties available to suit different needs and preferences. FHA Down Payment Assistance Home Loans can further aid individuals in securing their dream home in this flourishing market.

Some main attractions in Devers, Texas, include beautiful parks, historic landmarks, and local restaurants. Residents and visitors alike can enjoy outdoor activities, learn about the town's rich history, and savor delicious cuisine within the charming surroundings of Devers.

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