Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Henrietta, TX

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 Henrietta, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Henrietta, TX?

Our Down Payment Assistance program in Henrietta, TX provides a financial boost to eligible homebuyers in Henrietta, 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.

Forgivable grant for FHA loans in Henrietta, TX

Key Features of Our FHA Down Payment Assistance in Henrietta, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Henrietta, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Henrietta, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Henrietta, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Henrietta, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Henrietta, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Henrietta, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Henrietta, 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.

First-time homebuyer FHA assistance in Henrietta, TX
Start Your Journey Today

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 Henrietta, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Henrietta, Texas

FHA down payment assistance home loans in Henrietta, Texas provide a great option for first-time homebuyers by offering low down payment requirements. This makes homeownership more accessible, even to those with limited savings.

Demographics: Henrietta, Texas, is a charming small town with a population of around 3,000 residents. The community here is close-knit, and the town offers a peaceful and friendly environment for families and retirees alike.

Housing Market: The housing market in Henrietta, Texas, is stable, with a mix of historic homes and newer developments. With the help of FHA down payment assistance, prospective buyers can find affordable housing options that suit their needs and preferences.

Main Attractions: Henrietta, Texas, boasts attractions such as the Clay County 1890 Jail Museum, Lake Arrowhead State Park offering outdoor recreational activities, and local dining spots that showcase authentic Texan cuisine.

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