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 Gilmer, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gilmer, TX provides a financial boost to eligible homebuyers in Gilmer, 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 Gilmer, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gilmer, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gilmer, 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 Gilmer, 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 Gilmer, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gilmer, 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 Gilmer, 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 Gilmer, 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 Gilmer, Texas offer a unique opportunity for homebuyers to secure financing with a lower down payment requirement, making homeownership more accessible. Demographically, Gilmer, Texas, has a population of approximately X, with a median household income of $X. The majority of residents belong to the X ethnic group, contributing to the town's diverse cultural fabric. The housing market in Gilmer is stable with a median home price of $X. The availability of FHA Down Payment Assistance Home Loans has led to an increase in homeownership rates, attracting more individuals and families to settle in this charming town. Main attractions in Gilmer include the picturesque Lake Gilmer, perfect for outdoor enthusiasts, and the historic downtown area lined with quaint shops and local eateries. The community is known for its friendly atmosphere and strong sense of community.
FHA Down Payment Assistance Home Loan in Gilmer, Texas
