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 Glen Rose, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Glen Rose, TX provides a financial boost to eligible homebuyers in Glen Rose, 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 Glen Rose, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Glen Rose, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Glen Rose, 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 Glen Rose, 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 Glen Rose, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Glen Rose, 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 Glen Rose, 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 Glen Rose, 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 Glen Rose, Texas offers numerous benefits to potential homebuyers. This type of loan allows for a lower down payment, making homeownership more accessible to individuals who may not have substantial savings available for a traditional down payment. Furthermore, FHA loans typically have lower credit score requirements compared to conventional loans, enabling more individuals to qualify for a home loan. In addition, these loans often have competitive interest rates, providing long-term savings for homeowners. Lastly, FHA loans may also offer options for borrowers with previous financial hardships, such as bankruptcy or foreclosure, making it a viable choice for those looking to rebuild their credit and secure a home in Glen Rose, Texas. Demographics Glen Rose, Texas, is a charming community located in Somervell County with a population of approximately 2,500 residents. The town boasts a mix of age groups, with a median age of 40 years, creating a diverse and vibrant atmosphere for residents. Housing Market The housing market in Glen Rose, Texas, offers a variety of options for potential homebuyers, ranging from historic properties with unique character to modern single-family homes and new developments. The median home value in Glen Rose is around $225,000, making it an attractive and affordable option for those looking to purchase a home in a picturesque Texas town. Main Attractions Glen Rose is renowned for its natural beauty and outdoor recreational opportunities, including the Paluxy River, Dinosaur Valley State Park, and Fossil Rim Wildlife Center. Additionally, the town is home to charming local shops, restaurants, and cultural attractions, providing residents with a well-rounded and fulfilling lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in Glen Rose, Texas
