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 Hemphill, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hemphill, TX provides a financial boost to eligible homebuyers in Hemphill, 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 Hemphill, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hemphill, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hemphill, 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 Hemphill, 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 Hemphill, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hemphill, 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 Hemphill, 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 Hemphill, 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.
Benefits: An FHA down payment assistance home loan in Hemphill, Texas offers lower down payment requirements, making homeownership more achievable for first-time buyers. The loan also provides competitive interest rates and flexible credit requirements, catering to a wider range of applicants. Demographics: Hemphill, Texas, is a diverse community, with a population that includes a mix of young families, retirees, and working professionals. The town enjoys a close-knit atmosphere, with residents who take pride in their community and its heritage. Housing Market: The housing market in Hemphill, Texas, offers a variety of options, ranging from cozy single-family homes to spacious ranch-style properties. With the assistance of FHA loans, more individuals and families can afford to buy homes in this charming town. Main Attractions: Some of the main attractions in Hemphill include the beautiful Toledo Bend Reservoir, perfect for fishing and watersports, as well as the Sabine National Forest, offering opportunities for hiking and camping in picturesque surroundings.
Benefits of FHA Down Payment Assistance Home Loan in Hemphill, Texas
