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 Freeport, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Freeport, TX provides a financial boost to eligible homebuyers in Freeport, 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 Freeport, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Freeport, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Freeport, 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 Freeport, 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 Freeport, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Freeport, 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 Freeport, 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 Freeport, 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 provide an excellent opportunity for first-time homebuyers in Freeport, Texas, to achieve their dream of homeownership. These loans offer low down payment requirements, making it easier for individuals with limited savings to buy a home. Demographics in Freeport, Texas, show a diverse population with a mix of age groups. The city has a vibrant community with a strong sense of unity, making it an ideal place for families and individuals looking for a close-knit neighborhood. The housing market in Freeport is stable and offers a range of housing options to suit different preferences and budgets. With the assistance of FHA loans, prospective buyers can explore various affordable housing opportunities in the area. Some main attractions in Freeport include stunning beaches, beautiful parks, and historical sites. Residents and visitors can enjoy outdoor activities like fishing, boating, and exploring the local wildlife while soaking in the natural beauty of the region.
Benefits of FHA Down Payment Assistance Home Loan in Freeport, Texas