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 Flomot, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Flomot, TX provides a financial boost to eligible homebuyers in Flomot, 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 Flomot, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Flomot, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Flomot, 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 Flomot, 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 Flomot, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Flomot, 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 Flomot, 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 Flomot, 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 Flomot, Texas offer lower down payment requirements, making homeownership more accessible to a wider range of individuals. This program also allows for more flexible qualification criteria, benefitting first-time homebuyers and those with less-than-perfect credit. Demographics: Flomot, Texas, is a small town with a population of around 200 residents. The community is known for its friendly atmosphere and tight-knit feel, making it an ideal place for families and retirees looking for a peaceful and safe environment. Housing Market: Flomot's housing market is relatively stable, with affordable housing options available for buyers. The FHA Down Payment Assistance Home Loan program can further assist individuals in purchasing a home in this market, helping to stimulate growth and development in the area. Main Attractions: While Flomot is a small town, it boasts charming local attractions such as parks, historical sites, and community events. Residents and visitors can enjoy the serene natural surroundings, local cuisine, and the rich cultural heritage of the area.
Benefits of FHA Down Payment Assistance Home Loan in Flomot, Texas
