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 Howe, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Howe, TX provides a financial boost to eligible homebuyers in Howe, 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 Howe, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Howe, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Howe, 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 Howe, 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 Howe, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Howe, 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 Howe, 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 Howe, 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 Howe, Texas provide eligible buyers with a lower down payment requirement, making homeownership more accessible. This can help individuals and families achieve the dream of owning a home without needing to save up a large sum for the down payment. Demographics in Howe, Texas show a growing population with a median household income above the national average. The town offers a mix of suburban and rural living, making it an attractive location for those seeking a peaceful community with access to urban amenities. The housing market in Howe, Texas is vibrant, with a range of affordable housing options available. The FHA down payment assistance program can further boost the real estate market by attracting more buyers and stimulating economic growth in the area. Main attractions in Howe, Texas include the historic downtown area, local parks, and recreational facilities. Residents can enjoy a close-knit community atmosphere while being within easy reach of larger cities like Dallas for additional entertainment and job opportunities.
The Benefits of FHA Down Payment Assistance Home Loan in Howe, Texas
