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 Garwood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Garwood, TX provides a financial boost to eligible homebuyers in Garwood, 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 Garwood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Garwood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Garwood, 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 Garwood, 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 Garwood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Garwood, 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 Garwood, 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 Garwood, 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 Garwood, Texas offer affordable financing options for first-time homebuyers. These loans require lower down payments, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans have competitive interest rates, helping borrowers save on long-term costs. The demographic profile of Garwood, Texas, shows a mix of families and retirees. The town has a close-knit community feel, with residents enjoying a suburban-rural mix lifestyle. With good schools and a peaceful environment, Garwood is an attractive place for families looking to settle down. In terms of the housing market, Garwood offers a range of properties at varying price points, making it suitable for different budget levels. The real estate market in Garwood is stable, with steady appreciation rates over the years. FHA Down Payment Assistance Home Loans can help buyers take advantage of these favorable market conditions. Main attractions in Garwood include its beautiful parks, outdoor recreational activities, and local events that bring the community together. The town's charm lies in its small-town vibe and friendly residents, making it a desirable place to live for those seeking a peaceful and welcoming environment.
Benefits of FHA Down Payment Assistance Home Loan in Garwood, Texas
