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 Garland, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Garland, TX provides a financial boost to eligible homebuyers in Garland, 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 Garland, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Garland, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Garland, 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 Garland, 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 Garland, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Garland, 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 Garland, 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 Garland, 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 Loan in Garland, Texas provides a great opportunity for first-time homebuyers by offering a low down payment option, making homeownership more accessible. This loan program also allows for lower credit scores compared to traditional loans, enabling individuals with less than perfect credit to qualify. Demographically, Garland, Texas, is a diverse city with a growing population. It offers a mix of suburban living and urban amenities, attracting families and individuals looking for a vibrant community to call home. The city's affordable housing options make it an appealing choice for those looking to settle down. In terms of the housing market, Garland, Texas, boasts a stable real estate market with a variety of housing options ranging from cozy single-family homes to modern condominiums. The city's real estate market is known for its steady appreciation rates, making it a sound investment for homebuyers. Some of the main attractions in Garland include the Firewheel Town Center, a popular shopping and entertainment destination, and the Garland Landmark Museum, which showcases the city's rich history. Outdoor enthusiasts can explore numerous parks and recreational areas, providing ample opportunities for leisure and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Garland, Texas
