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 Guthrie, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Guthrie, TX provides a financial boost to eligible homebuyers in Guthrie, 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 Guthrie, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Guthrie, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Guthrie, 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 Guthrie, 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 Guthrie, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Guthrie, 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 Guthrie, 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 Guthrie, 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 Loan in Guthrie, Texas offers lower down payment requirements, making homeownership more accessible to those with limited savings. This program provides financial help to qualified applicants, reducing the upfront costs associated with buying a home in Guthrie, Texas. Furthermore, FHA loans often have lower credit score requirements, allowing more individuals to qualify for a home loan and achieve the dream of owning their own home. Demographics Guthrie, Texas, is a small town with a tight-knit community, ideal for families and those looking for a peaceful living environment. The population of Guthrie mainly consists of working professionals and families, creating a friendly and welcoming atmosphere within the town. With a focus on community engagement and local events, Guthrie offers a charming and family-friendly place to live. Housing Market The housing market in Guthrie, Texas, is diverse, with options ranging from cozy single-family homes to spacious ranch-style properties. Due to the FHA Down Payment Assistance Home Loan program, more individuals have the opportunity to purchase homes in Guthrie, contributing to the growth of the local real estate market. With affordable housing options and a strong sense of community, Guthrie is an attractive location for both first-time homebuyers and those looking to downsize. Main Attractions Guthrie, Texas, is known for its beautiful parks and outdoor recreational areas, making it an ideal location for nature enthusiasts. The town also boasts a rich history, with historical landmarks and museums that offer insight into Guthrie's past. Additionally, Guthrie hosts local festivals and events throughout the year, providing residents with opportunities for community involvement and entertainment.
Benefits of FHA Down Payment Assistance Home Loan in Guthrie, Texas
