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 Ellinger, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ellinger, TX provides a financial boost to eligible homebuyers in Ellinger, 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 Ellinger, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ellinger, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ellinger, 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 Ellinger, 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 Ellinger, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ellinger, 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 Ellinger, 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 Ellinger, 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 of FHA Down Payment Assistance Home Loan: An FHA loan offers low down payment requirements, making homeownership more accessible. The down payment assistance program can help alleviate upfront costs for eligible homebuyers, reducing financial barriers to purchasing a home in Ellinger. Demographics: Ellinger, Texas, is a charming rural community with a population of approximately XXXX. The town showcases a diverse mix of residents, including families, young professionals, and retirees, creating a welcoming and inclusive atmosphere. Housing Market Information: Ellinger's housing market offers a variety of options ranging from historic homes to modern properties. The area boasts a stable market with affordable home prices and low-interest rates, making it an attractive location for first-time buyers and investors alike. Main Attractions: Ellinger is known for its rich history, beautiful parks, and community events. Visitors and residents can enjoy exploring historic landmarks, participating in local festivals, and experiencing the natural beauty of the surrounding countryside.
FHA Down Payment Assistance Home Loan in Ellinger, Texas
