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 Driftwood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Driftwood, TX provides a financial boost to eligible homebuyers in Driftwood, 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 Driftwood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Driftwood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Driftwood, 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 Driftwood, 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 Driftwood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Driftwood, 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 Driftwood, 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 Driftwood, 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.
1. Low Down Payment: FHA loans offer lower down payment requirements compared to conventional loans, making homeownership more accessible to first-time buyers in Driftwood. 2. Flexible Credit Requirements: FHA loans are more forgiving of lower credit scores, allowing individuals with less-than-perfect credit history to qualify for a home loan. 3. Down Payment Assistance Programs: Driftwood offers various down payment assistance programs that can be combined with an FHA loan, further reducing the upfront costs of buying a home. Demographics: Driftwood, Texas, is a small but growing community with a population that largely consists of families and young professionals attracted to the area for its scenic beauty and proximity to Austin. Housing Market: The housing market in Driftwood is competitive, with a mix of new developments and established homes. The availability of FHA loans and down payment assistance programs has made homeownership achievable for many residents. Main Attractions: Driftwood is known for its wineries, distilleries, and breweries, offering residents and visitors a unique taste of local flavors. Additionally, the area boasts natural attractions like the beautiful Onion Creek and the iconic Salt Lick BBQ restaurant.
Benefits of FHA Down Payment Assistance Home Loan in Driftwood, Texas
