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 Hobson, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hobson, TX provides a financial boost to eligible homebuyers in Hobson, 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 Hobson, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hobson, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hobson, 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 Hobson, 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 Hobson, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hobson, 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 Hobson, 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 Hobson, 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 of FHA Down Payment Assistance Home Loan: FHA loans offer low down payment options, making homeownership more accessible. This assistance program helps individuals with limited savings to buy a home, promoting financial stability and wealth building. Demographics: Hobson, Texas, is a small town with a close-knit community. The population predominantly consists of families and retirees looking for a peaceful place to call home. The town has a mix of cultural backgrounds, creating a diverse and inclusive environment. Housing Market: The housing market in Hobson, Texas, is stable and offers a range of affordable options for first-time buyers. With the FHA down payment assistance program, buyers can find quality homes that meet their needs without breaking the bank. The market is competitive but has potential for growth. Main Attractions: Despite being a small town, Hobson has its charm. Residents can enjoy outdoor activities like hiking and fishing in the nearby parks. The town also hosts community events that bring people together, creating a strong sense of belonging.
FHA Down Payment Assistance Home Loan in Hobson, Texas
