Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Granbury, TX

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 Granbury, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Granbury, TX?

Our Down Payment Assistance program in Granbury, TX provides a financial boost to eligible homebuyers in Granbury, 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.

Forgivable grant for FHA loans in Granbury, TX

Key Features of Our FHA Down Payment Assistance in Granbury, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Granbury, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Granbury, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Granbury, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Granbury, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Granbury, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Granbury, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Granbury, 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.

First-time homebuyer FHA assistance in Granbury, TX
Start Your Journey Today

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 Granbury, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Granbury, Texas

A FHA Down Payment Assistance Home Loan in Granbury, Texas offers numerous benefits to potential home buyers. One of the main advantages is the lower down payment requirement, which can be as low as 3.5% of the purchase price. This makes home ownership more accessible to individuals who may not have substantial savings.

Furthermore, FHA loans typically have lower credit score requirements compared to conventional loans, making it easier for individuals with less than perfect credit to qualify. Additionally, these loans often come with competitive interest rates and flexible qualification criteria.

Granbury, Texas has a diverse population with a mix of young professionals, families, and retirees. The city boasts a vibrant community with a range of amenities, including parks, shopping centers, and restaurants. The housing market in Granbury is characterized by a mix of historic homes and modern developments, offering options for various preferences and budgets.

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