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 Groom, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Groom, TX provides a financial boost to eligible homebuyers in Groom, 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 Groom, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Groom, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Groom, 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 Groom, 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 Groom, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Groom, 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 Groom, 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 Groom, 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 Loans in Groom, Texas offer eligible homebuyers the opportunity to purchase a home with a low down payment, making homeownership more accessible. Demographics in Groom, Texas show a population of approximately X, with a median household income of Y. The town is known for its tight-knit community, excellent schools, and vibrant local culture. The housing market in Groom, Texas is currently stable, with a range of affordable housing options available. The FHA Down Payment Assistance program can help potential buyers navigate the market and secure their dream home. Main attractions in Groom, Texas include the famous Leaning Water Tower, impressive historic Route 66 landmarks, and picturesque downtown streets lined with charming shops and restaurants.
Benefits of FHA Down Payment Assistance Home Loan in Groom, Texas
