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 Groveton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Groveton, TX provides a financial boost to eligible homebuyers in Groveton, 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 Groveton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Groveton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Groveton, 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 Groveton, 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 Groveton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Groveton, 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 Groveton, 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 Groveton, 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 Groveton, Texas offer numerous benefits to potential homebuyers. These loans allow for a lower down payment, making homeownership more accessible to individuals who may not have significant savings. Additionally, FHA loans typically have lower credit score requirements, providing an opportunity for more people to qualify for a mortgage. Groveton, Texas, located in Trinity County, has a population that reflects a close-knit community atmosphere. The town's demographics showcase a blend of age groups, with a focus on family-oriented residents. It is an ideal location for those seeking a peaceful and welcoming environment to settle down and raise a family. The housing market in Groveton offers a range of options for buyers interested in FHA Down Payment Assistance Home Loans. With a mix of historic homes and modern constructions, there is something for everyone's taste. The market is stable, with opportunities for both investment and personal residence purchases. When exploring Groveton, visitors and residents can enjoy various attractions such as Davy Crockett National Forest, ideal for outdoor enthusiasts. The town also offers cultural experiences through its local museums and historical sites. With a strong sense of community and abundant natural beauty, Groveton is a charming place to call home.
Exploring FHA Down Payment Assistance Home Loans in Groveton, Texas
