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 Edna, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Edna, TX provides a financial boost to eligible homebuyers in Edna, 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 Edna, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Edna, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Edna, 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 Edna, 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 Edna, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Edna, 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 Edna, 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 Edna, 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.
FHA Down Payment Assistance Home Loans provide a great opportunity for individuals in Edna, Texas, to achieve the dream of homeownership. These loans offer lower down payment requirements, making it easier for first-time homebuyers and those with limited funds to purchase a home. Demographically, Edna, Texas, is a charming town with a population of diverse backgrounds. Known for its welcoming community and affordable cost of living, it is an ideal place to raise a family or enjoy a peaceful retirement. In terms of the housing market, Edna offers a range of housing options from historic homes to modern developments. With the assistance of FHA loans, more people can access these properties and contribute to the growth of the local real estate market. Some main attractions in Edna include the Texana Museum and Library, Brackenridge Recreation Complex, and the scenic Lake Texana for outdoor enthusiasts. These attractions add to the overall appeal of living in Edna, making it a desirable place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Edna, Texas
