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 Frisco, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Frisco, TX provides a financial boost to eligible homebuyers in Frisco, 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 Frisco, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Frisco, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Frisco, 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 Frisco, 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 Frisco, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Frisco, 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 Frisco, 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 Frisco, 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.
One of the primary benefits of utilizing an FHA Down Payment Assistance Home Loan in Frisco, Texas is the ability to purchase a home with a lower down payment requirement, making homeownership more accessible to individuals who may not have substantial savings. Furthermore, FHA loans often have more flexible qualifying criteria, allowing individuals with less-than-ideal credit scores to still qualify for a mortgage, providing an opportunity for a wider range of individuals to own a home in Frisco. Another advantage of FHA Down Payment Assistance Home Loans is that they offer competitive interest rates, helping to make the cost of borrowing more affordable for homebuyers in Frisco, Texas. Demographics Frisco, Texas is a diverse and rapidly growing city located in the Dallas-Fort Worth metroplex. It boasts a young, affluent population with a strong emphasis on family values and community engagement. Housing Market The housing market in Frisco, Texas is thriving, with a strong demand for both new construction and existing homes. The city offers a range of housing options, from luxury estates to more affordable starter homes, making it an attractive destination for homebuyers of all budgets. Main Attractions Some of the main attractions in Frisco, Texas include the popular Frisco Heritage Museum, the bustling Frisco Square with its shops and restaurants, and the acclaimed National Videogame Museum, providing entertainment and cultural enrichment for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Frisco, Texas
