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

What is Down Payment Assistance in Eastland, TX?

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

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

FHA Down Payment Assistance Home Loan in Eastland, Texas

Benefits: An FHA loan with down payment assistance in Eastland, Texas offers first-time homebuyers a chance to own a home with a low down payment requirement, competitive interest rates, and lenient credit score criteria. This program can help individuals achieve homeownership without the need for a large upfront payment.

Demographics: Eastland, Texas, has a population of approximately X, with a median household income of $X. The majority of residents are families, and the town offers a suburban feel with many residents owning their homes.

Housing Market: The housing market in Eastland, Texas, is characterized by stable property values and a range of housing options, from single-family homes to apartments. The availability of FHA loans with down payment assistance can stimulate the housing market and attract more buyers looking to settle in the area.

Main Attractions: Eastland, Texas, boasts attractions such as Lake Leon, which offers fishing and water sports opportunities, the historic Majestic Theatre, and the Old Rip statue. Residents can also enjoy the local dining scene and various community events throughout the year.

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