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 Flower Mound, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Flower Mound, TX provides a financial boost to eligible homebuyers in Flower Mound, 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 Flower Mound, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Flower Mound, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Flower Mound, 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 Flower Mound, 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 Flower Mound, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Flower Mound, 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 Flower Mound, 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 Flower Mound, 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.
Benefits: A FHA Down Payment Assistance Home Loan in Flower Mound, Texas can greatly benefit first-time homebuyers by offering lower down payment requirements as low as 3.5%, flexible credit score criteria, and competitive interest rates. Demographics: Flower Mound, Texas, known for its family-friendly environment, has a population of approximately 76,000 residents. The median household income is above the national average, reflecting the area's prosperity. Housing Market: The housing market in Flower Mound is robust, with a diverse range of housing options including single-family homes, townhouses, and apartments. The median home value is above the national average, showcasing the desirability of the area. Main Attractions: Flower Mound boasts beautiful parks such as Grapevine Lake and Twin Coves Park, providing outdoor recreational opportunities. Additionally, residents can enjoy shopping and dining at The Shops at Highland Village and explore historic sites like the Flower Mound Heritage Park.
FHA Down Payment Assistance Home Loan in Flower Mound, Texas
