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 Fieldton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fieldton, TX provides a financial boost to eligible homebuyers in Fieldton, 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 Fieldton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fieldton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fieldton, 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 Fieldton, 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 Fieldton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fieldton, 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 Fieldton, 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 Fieldton, 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 offer various benefits to homebuyers in Fieldton, Texas. One of the primary advantages is the lower down payment requirement, which can make homeownership more accessible to individuals with limited savings. Furthermore, FHA loans often have lower credit score requirements compared to conventional loans, making them a viable option for buyers with less-than-perfect credit. The fixed-rate options provide stability and predictability in monthly payments, allowing buyers to budget effectively. Fieldton, Texas, is a vibrant community with a diverse demographic profile. The population consists of a mix of young professionals, families, and retirees, contributing to a dynamic and inclusive environment. The town boasts a strong sense of community and is known for its friendly residents. In terms of the housing market, Fieldton offers a range of housing options to suit various preferences and budgets. The market is stable, with steady appreciation rates over the years. The availability of FHA down payment assistance programs can further stimulate the real estate market and make homeownership a reality for more individuals. Some of the main attractions in Fieldton include the picturesque parks, local dining establishments, and cultural events that showcase the town's rich history. Residents enjoy a high quality of life with access to amenities such as shopping centers, schools, and recreational facilities.
Benefits of FHA Down Payment Assistance Home Loan in Fieldton, Texas
