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 Hillsboro, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hillsboro, TX provides a financial boost to eligible homebuyers in Hillsboro, 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 Hillsboro, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hillsboro, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hillsboro, 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 Hillsboro, 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 Hillsboro, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hillsboro, 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 Hillsboro, 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 Hillsboro, 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 Hillsboro, Texas offer low down payment requirements, making homeownership more accessible. This program is particularly beneficial for first-time homebuyers or those with limited funds for a down payment. Additionally, FHA loans often have lower credit score requirements compared to conventional loans, allowing more people to qualify for homeownership. The assistance provided can help individuals achieve their dream of owning a home in Hillsboro, a charming and growing community in Texas. Demographically, Hillsboro, Texas, has a population of approximately 8,000 residents. The town has a mix of young professionals, families, and retirees, creating a diverse and welcoming environment. The cost of living in Hillsboro is reasonable, making it an attractive option for those looking to settle down in a friendly community. In terms of the housing market, Hillsboro offers a variety of housing options ranging from historic homes to modern developments. The market is stable, with steady appreciation in property values over the years. With the assistance of FHA loans, buyers can take advantage of the favorable market conditions in Hillsboro to purchase their dream home. Main attractions in Hillsboro include the historic Hill County Courthouse, the Cell Block Museum, and the popular Outlets at Hillsboro for shopping enthusiasts. The town also boasts beautiful parks and recreational facilities, making it an ideal place to live for those seeking a balance between small-town charm and modern amenities.
Benefits of FHA Down Payment Assistance Home Loan in Hillsboro, Texas
