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 Fayetteville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fayetteville, TX provides a financial boost to eligible homebuyers in Fayetteville, 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 Fayetteville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fayetteville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fayetteville, 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 Fayetteville, 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 Fayetteville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fayetteville, 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 Fayetteville, 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 Fayetteville, 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 loans offer lower down payment requirements, making homeownership more accessible to individuals with limited savings. With down payment assistance programs, qualifying homebuyers can further reduce their upfront costs, potentially allowing them to purchase a home sooner than they thought possible. Demographically, Fayetteville, Texas, boasts a diverse population with a mix of families, retirees, and young professionals. The town's community-oriented atmosphere and proximity to larger cities like Austin make it an attractive location for those seeking a balance between rural and urban living. In terms of the housing market, Fayetteville presents a range of options from historic homes with character to modern properties. The market is relatively stable, offering opportunities for both buyers and sellers. The FHA down payment assistance program can help stimulate real estate activity in the area. Main attractions in Fayetteville include the historic Fayetteville Town Square, known for its quaint shops and local eateries. Outdoor enthusiasts can enjoy nearby parks and recreational areas, while history buffs can explore the town's rich cultural heritage through its museums and landmarks.
Benefits of FHA Down Payment Assistance Home Loan in Fayetteville, Texas
