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 Grand Saline, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Grand Saline, TX provides a financial boost to eligible homebuyers in Grand Saline, 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 Grand Saline, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Grand Saline, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Grand Saline, 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 Grand Saline, 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 Grand Saline, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Grand Saline, 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 Grand Saline, 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 Grand Saline, 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.
1. Lower Down Payment: FHA loans offer a lower down payment requirement, making homeownership more accessible to individuals with limited savings. 2. Competitive Interest Rates: FHA loans typically come with competitive interest rates, providing borrowers with cost-effective financing options. 3. Flexible Qualification Criteria: FHA loans have more lenient qualification requirements compared to conventional loans, allowing individuals with lower credit scores to qualify. Demographics of Grand Saline, Texas Grand Saline is a charming small town in East Texas with a population of approximately 3,000 residents. The town boasts a close-knit community with a mix of age groups, including young families and retirees. Housing Market in Grand Saline, Texas The housing market in Grand Saline offers a range of affordable options, including single-family homes and cozy apartments. The market is stable, with steady appreciation rates, making it an attractive location for first-time homebuyers. Main Attractions in Grand Saline, Texas Grand Saline is known for its historic downtown area, charming boutiques, and local eateries. The town is also home to the iconic Salt Palace, a museum made entirely of salt blocks, showcasing the town's rich history in salt mining.
Benefits of FHA Down Payment Assistance Home Loan in Grand Saline, Texas
