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 Gary, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gary, TX provides a financial boost to eligible homebuyers in Gary, 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 Gary, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gary, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gary, 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 Gary, 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 Gary, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gary, 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 Gary, 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 Gary, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers lower down payment options, making homeownership more accessible. It also allows for lower credit score requirements, making it easier for individuals to qualify for a loan. Additionally, FHA loans have competitive interest rates and provide options for first-time homebuyers. Demographics: Gary, Texas, is a small town with a tight-knit community. The population consists of mainly families and retirees. The town has a charming rural feel, perfect for those looking to escape the hustle and bustle of city life. Housing Market: The housing market in Gary, Texas, is stable with a mix of single-family homes and small ranch properties. The median home value is affordable, making it an attractive option for first-time buyers. With the FHA Down Payment Assistance Home Loan, purchasing a home in Gary is a realistic option for many. Main Attractions: Gary, Texas, offers a serene environment with plenty of outdoor recreational activities such as hiking, fishing, and camping. The town has a rich history, with historic sites and local cultural events that showcase its heritage.
FHA Down Payment Assistance Home Loan in Gary, Texas
