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 Ennis, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ennis, TX provides a financial boost to eligible homebuyers in Ennis, 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 Ennis, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ennis, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ennis, 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 Ennis, 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 Ennis, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ennis, 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 Ennis, 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 Ennis, 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 Loan in Ennis, Texas offers several benefits to potential homebuyers. One of the primary advantages is the lower down payment requirement, making homeownership more accessible to individuals with limited funds. Additionally, these loans often have lower credit score requirements, making them a viable option for first-time homebuyers or those with less-than-perfect credit. Ennis, Texas, is a vibrant community with a diverse population. The demographics of Ennis reflect a mix of cultures and backgrounds, creating a welcoming environment for residents. The city has a strong sense of community, with many local events and activities that bring people together. The housing market in Ennis, Texas, is currently experiencing steady growth. With a variety of housing options available, from historic homes to new developments, there is something for everyone in Ennis. The market is competitive, but with the assistance of FHA loans, potential buyers have more flexibility in finding their dream home. Ennis, Texas, boasts several main attractions that make it a desirable place to live. The city is known for its historic downtown area, where residents and visitors can explore charming shops and restaurants. Additionally, Ennis is home to the Texas Motorplex, a premier drag racing facility that attracts racing enthusiasts from all over the country.
Benefits of FHA Down Payment Assistance Home Loan in Ennis, Texas
