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 Gordonville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gordonville, TX provides a financial boost to eligible homebuyers in Gordonville, 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 Gordonville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gordonville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gordonville, 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 Gordonville, 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 Gordonville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gordonville, 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 Gordonville, 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 Gordonville, 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 benefits such as low down payment requirements, flexible credit score guidelines, and competitive interest rates, making homeownership more accessible. Demographics: Gordonville, Texas, is a small town with a population of approximately 500 people. The community is close-knit, and the median age is around 50 years old. The town has a mix of families and retirees, creating a diverse and welcoming neighborhood. Housing Market: Gordonville's housing market is stable, with a median home value of $200,000. The market offers a variety of housing options, from quaint cottages to spacious single-family homes. With the FHA down payment assistance program, first-time buyers can enter the market with ease. Main Attractions: Gordonville boasts beautiful natural surroundings, including Lake Texoma, a popular spot for fishing and boating. The town also features golf courses, parks, and local diners, providing a serene and relaxed lifestyle for residents.
FHA Down Payment Assistance Home Loan in Gordonville, Texas