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 Elmaton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Elmaton, TX provides a financial boost to eligible homebuyers in Elmaton, 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 Elmaton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Elmaton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Elmaton, 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 Elmaton, 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 Elmaton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Elmaton, 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 Elmaton, 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 Elmaton, 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 programs offer benefits like low down payment requirements, helping first-time homebuyers and those with limited funds to realize their dream of homeownership in Elmaton, Texas. Demographics in Elmaton are diverse, with a population that values community and a peaceful lifestyle. The town is known for its friendly residents who welcome new homeowners from various backgrounds. The housing market in Elmaton is promising, with a mix of affordable and mid-range homes. The FHA Down Payment Assistance program can make these homes more accessible to buyers, stimulating the real estate market in the area. Main attractions in Elmaton include its scenic surroundings, outdoor recreational activities like fishing and hiking, and local cultural events that showcase the town's unique heritage.
Benefits of FHA Down Payment Assistance in Elmaton, Texas
