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 Grapevine, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Grapevine, TX provides a financial boost to eligible homebuyers in Grapevine, 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 Grapevine, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Grapevine, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Grapevine, 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 Grapevine, 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 Grapevine, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Grapevine, 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 Grapevine, 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 Grapevine, 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 programs offer first-time homebuyers in Grapevine, Texas the opportunity to purchase a home with a lower down payment requirement, as low as 3.5%. This can make home ownership more accessible to individuals who may not have a large sum of money saved for a down payment. Grapevine, Texas, with a population of around 53,000, boasts a diverse community with a median household income above the national average. The city offers a mix of urban and suburban living, making it an attractive location for families and professionals alike. The housing market in Grapevine is vibrant, with a range of housing options available from historic homes to modern developments. The city has seen steady growth in property values, making it an attractive investment for potential homeowners. With the assistance of FHA loans, buyers can take advantage of competitive interest rates and flexible credit requirements. Grapevine, Texas is known for its rich history and cultural attractions. Visitors and residents can explore the historic downtown area, enjoy the Grapevine Vintage Railroad, or indulge in the city's renowned dining and shopping scene. Additionally, Grapevine is home to the Grapevine Lake, offering outdoor recreational activities for nature enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Grapevine, Texas
