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 Eagle Lake, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Eagle Lake, TX provides a financial boost to eligible homebuyers in Eagle Lake, 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 Eagle Lake, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Eagle Lake, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Eagle Lake, 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 Eagle Lake, 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 Eagle Lake, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Eagle Lake, 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 Eagle Lake, 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 Eagle Lake, 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: An FHA Down Payment Assistance Home Loan in Eagle Lake, Texas, offers eligible buyers the opportunity to purchase a home with a lower down payment. This program helps individuals who may not have the financial means to afford a large down payment, making homeownership more accessible. Demographics: Eagle Lake, Texas, is a diverse community with a mix of residents from various backgrounds. The population is composed of families, young professionals, and retirees, creating a vibrant and inclusive environment. Housing Market: The housing market in Eagle Lake, Texas, offers a range of options from historic homes to modern developments. The average home prices are competitive, making it an attractive location for first-time buyers and those looking to invest in real estate. Main Attractions: Eagle Lake, Texas, boasts scenic views of the Colorado River, providing opportunities for outdoor activities like fishing, boating, and hiking. The city also has a rich history showcased in its museums, local shops, and eateries that offer a glimpse into the community's heritage.
FHA Down Payment Assistance Home Loan in Eagle Lake, Texas
