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 Hockley, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hockley, TX provides a financial boost to eligible homebuyers in Hockley, 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 Hockley, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hockley, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hockley, 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 Hockley, 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 Hockley, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hockley, 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 Hockley, 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 Hockley, 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 loans provide a great opportunity for first-time homebuyers in Hockley, Texas to purchase a home with a lower down payment. The down payment assistance programs help reduce financial barriers, making home ownership more accessible. Demographics of Hockley, Texas show a vibrant community with a mix of families and young professionals. The population is diverse, contributing to a rich cultural environment. The town offers a range of amenities and services for its residents. The housing market in Hockley is experiencing steady growth, with affordable housing options available for buyers. The FHA home loan programs make it easier for individuals and families to invest in property, driving the real estate market forward. Main attractions in Hockley include the scenic parks, local restaurants offering delicious cuisine, and historical landmarks that showcase the town's heritage. The community events and friendly atmosphere make Hockley a desirable place to live and raise a family.
Benefits of FHA Down Payment Assistance Home Loan in Hockley, Texas
