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 Follett, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Follett, TX provides a financial boost to eligible homebuyers in Follett, 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 Follett, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Follett, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Follett, 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 Follett, 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 Follett, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Follett, 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 Follett, 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 Follett, 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 Follett, Texas offer several advantages to first-time homebuyers and those with limited financial resources. These loans provide lower down payment requirements, making home ownership more accessible to a broader range of individuals. Demographics in Follett, Texas, reflect a small but close-knit community. The town has a population of approximately 500 residents, with a mix of families, young professionals, and retirees. The area boasts a strong sense of community spirit and a low crime rate, making it an ideal place to raise a family. The housing market in Follett, Texas, is characterized by affordable home prices compared to larger urban centers. The market offers a mix of single-family homes, townhouses, and apartments, catering to various preferences and budgets. With the assistance of FHA loans, potential buyers can find suitable housing options without a substantial financial burden. Main attractions in Follett, Texas, include the Pioneer West Museum, dedicated to preserving the town's history and heritage. Nature enthusiasts can explore the nearby McAlister Lake Wildlife Management Area, offering outdoor recreational activities such as fishing and hiking. The town also hosts community events, fostering a sense of belonging among residents.
The Benefits of FHA Down Payment Assistance Home Loan in Follett, Texas
