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 Fannin, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fannin, TX provides a financial boost to eligible homebuyers in Fannin, 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 Fannin, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fannin, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fannin, 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 Fannin, 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 Fannin, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fannin, 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 Fannin, 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 Fannin, 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 in Fannin, Texas offer various benefits to prospective homebuyers. These loans provide a lower down payment requirement, making homeownership more accessible. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to qualify. Demographics in Fannin, Texas show a diverse community with a mix of age groups and backgrounds. The population consists of working professionals, families, and retirees. The region's affordable cost of living and proximity to major cities make it an attractive option for individuals seeking a peaceful lifestyle. The housing market in Fannin, Texas is showing steady growth, with increasing demand for residential properties. With the assistance of FHA loans, more buyers can enter the market, leading to a boost in construction and a variety of housing options. The market offers a range of single-family homes, townhouses, and apartments to cater to different preferences. Main attractions in Fannin, Texas include its charming downtown area, featuring local shops and restaurants. The region boasts scenic parks, perfect for outdoor activities and family outings. Fannin also hosts community events and festivals, fostering a tight-knit and welcoming atmosphere for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Fannin, Texas
