Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Farmersville, TX

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 Farmersville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Farmersville, TX?

Our Down Payment Assistance program in Farmersville, TX provides a financial boost to eligible homebuyers in Farmersville, 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.

Forgivable grant for FHA loans in Farmersville, TX

Key Features of Our FHA Down Payment Assistance in Farmersville, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Farmersville, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Farmersville, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Farmersville, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Farmersville, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Farmersville, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Farmersville, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Farmersville, 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.

First-time homebuyer FHA assistance in Farmersville, TX
Start Your Journey Today

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 Farmersville, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Farmersville, Texas

FHA Down Payment Assistance Home Loans offer numerous benefits for homebuyers in Farmersville, Texas. These loans require a lower down payment, making homeownership more accessible for first-time buyers. Additionally, they often come with competitive interest rates and flexible qualification requirements, helping individuals achieve their dream of owning a home.

Farmersville, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The town's charming small-town atmosphere and friendly community make it an ideal place to raise a family or settle down. With a growing economy and ample job opportunities, Farmersville attracts residents looking for a balance between work and leisure.

The housing market in Farmersville, Texas, is thriving, offering a range of housing options to suit different preferences and budgets. From historic homes with character to modern developments, homebuyers have plenty of choices. The market is competitive yet stable, providing potential for property appreciation and long-term investment opportunities.

Some main attractions in Farmersville include the Onion Shed, a community events center hosting festivals and markets, and the historic downtown area with charming shops and restaurants. Outdoor enthusiasts can enjoy recreational activities at Lake Lavon and nearby parks, while history buffs can explore local landmarks and museums.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now