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 Friendswood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Friendswood, TX provides a financial boost to eligible homebuyers in Friendswood, 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 Friendswood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Friendswood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Friendswood, 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 Friendswood, 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 Friendswood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Friendswood, 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 Friendswood, 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 Friendswood, 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.
Unlocking the benefits of an FHA Down Payment Assistance Home Loan in Friendswood, Texas offers prospective homebuyers a pathway to affordable homeownership. This loan program is designed to assist individuals with limited savings by providing financial assistance for the down payment, making owning a home more achievable. Demographically, Friendswood, Texas, is a vibrant community with a diverse population. The city boasts a mix of young families, professionals, and retirees, contributing to a rich tapestry of cultures and backgrounds. With top-notch schools and a strong sense of community, Friendswood appeals to a wide range of residents looking for a welcoming place to call home. In terms of the housing market, Friendswood offers a range of options to suit different preferences and budgets. From cozy single-family homes to spacious modern apartments, the city's real estate market is dynamic and varied. With the assistance of FHA loans, buyers can explore these housing options with greater flexibility and ease. When it comes to attractions, Friendswood doesn't disappoint. The city is home to beautiful parks, bustling shopping centers, and a variety of dining options to suit every taste. Residents can enjoy outdoor activities in the scenic surroundings or take a short drive to Houston for big-city entertainment, making Friendswood a desirable place to live.
FHA Down Payment Assistance Home Loan in Friendswood, Texas
