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 Dumas, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dumas, TX provides a financial boost to eligible homebuyers in Dumas, 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 Dumas, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dumas, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dumas, 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 Dumas, 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 Dumas, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dumas, 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 Dumas, 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 Dumas, 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.
Buying a home in Dumas, Texas with an FHA Down Payment Assistance Home Loan offers unparalleled benefits. This program allows first-time homebuyers to secure a mortgage with a lower down payment requirement, making homeownership more accessible. By utilizing this program, applicants can enjoy competitive interest rates and flexible qualification criteria, ensuring a smoother path to owning a property in Dumas. Additionally, the FHA loan provides options for borrowers with less-than-perfect credit scores, expanding the pool of eligible buyers in the area. When it comes to demographics, Dumas boasts a diverse community with a mix of age groups and backgrounds. The city's population of approximately 15,000 residents enjoys a welcoming small-town atmosphere, making it an ideal place to raise a family or settle down.
Benefits of FHA Down Payment Assistance Home Loan in Dumas, Texas
