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 Hermleigh, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hermleigh, TX provides a financial boost to eligible homebuyers in Hermleigh, 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 Hermleigh, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hermleigh, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hermleigh, 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 Hermleigh, 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 Hermleigh, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hermleigh, 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 Hermleigh, 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 Hermleigh, 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 provide an opportunity for first-time homebuyers in Hermleigh, Texas to purchase a home with a lower down payment requirement, making homeownership more accessible and affordable. Demographically, Hermleigh, Texas has a population of approximately 400 residents. The town boasts a close-knit community feel, with a mix of families and individuals. The median household income in Hermleigh is around the national average, offering a stable economic environment for residents. The housing market in Hermleigh, Texas is diverse, with a range of housing options available to accommodate different preferences and budgets. The median home price in Hermleigh is below the national average, making it an attractive location for homebuyers looking for affordable housing options. Main attractions in Hermleigh, Texas include the picturesque Hermleigh Park, a popular spot for outdoor activities and relaxation. The town also has a rich history, with several historical sites and landmarks that showcase its heritage and culture.
Benefits of FHA Down Payment Assistance Home Loan in Hermleigh, Texas
