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 Gladewater, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gladewater, TX provides a financial boost to eligible homebuyers in Gladewater, 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 Gladewater, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gladewater, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gladewater, 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 Gladewater, 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 Gladewater, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gladewater, 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 Gladewater, 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 Gladewater, 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 Gladewater, Texas offer numerous benefits to potential homebuyers. One major advantage is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes homeownership more accessible to a wider range of individuals and families. Demographically, Gladewater, Texas is a welcoming community with a population that values small-town charm and a strong sense of community. The area boasts a mix of residents from different backgrounds and age groups, creating a diverse and inclusive environment for new homeowners. The housing market in Gladewater, Texas is currently experiencing steady growth, with a range of affordable housing options available to buyers. The city offers a mix of single-family homes, townhouses, and condos, catering to various needs and preferences. The FHA Down Payment Assistance Home Loan program can further enhance affordability for buyers looking to settle in this thriving market. Some of the main attractions in Gladewater include its historic downtown area, known for its quaint shops and local eateries. Nature lovers can explore the nearby East Texas forests and lakes, offering ample opportunities for outdoor recreation. With its vibrant community events and proximity to larger cities like Tyler, Gladewater strikes a perfect balance between small-town tranquility and urban convenience.
FHA Down Payment Assistance Home Loan in Gladewater, Texas
