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 Eldorado, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Eldorado, TX provides a financial boost to eligible homebuyers in Eldorado, 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 Eldorado, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Eldorado, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Eldorado, 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 Eldorado, 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 Eldorado, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Eldorado, 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 Eldorado, 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 Eldorado, 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 opportunities for first-time homebuyers in Eldorado, Texas, to secure financing with a lower down payment requirement, making homeownership more achievable. Demographically, Eldorado, Texas, is a small town with a tight-knit community comprising mostly families and retirees. The town offers a peaceful and safe environment, perfect for raising children or enjoying a serene retirement. In terms of the housing market, Eldorado provides a mix of historic homes and modern builds, catering to various tastes and budgets. With the FHA Down Payment Assistance program, potential homeowners have access to affordable financing options to purchase their dream homes. Main attractions in Eldorado, Texas, include the Schleicher County Courthouse, a notable historic landmark, and the Eldorado Success newspaper, a cornerstone of the community. The town also boasts beautiful parks and recreational areas for residents to unwind and enjoy nature.
Benefits of FHA Down Payment Assistance Home Loan in Eldorado, Texas
