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 Imperial, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Imperial, TX provides a financial boost to eligible homebuyers in Imperial, 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 Imperial, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Imperial, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Imperial, 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 Imperial, 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 Imperial, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Imperial, 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 Imperial, 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 Imperial, 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: An FHA Down Payment Assistance Home Loan in Imperial, Texas can help first-time homebuyers secure a mortgage with a lower down payment requirement, typically around 3.5% of the home's purchase price. This can make homeownership more accessible to those with limited funds for a traditional down payment. Demographics: Imperial, Texas, a small town located in Pecos County, has a population of around 300 residents. The community is diverse, with a mix of families, young professionals, and retirees. The town offers a peaceful and tight-knit atmosphere for residents. Housing Market: The housing market in Imperial consists mainly of single-family homes with large lots, providing residents with space and privacy. The median home value in Imperial is around $150,000, making it an affordable option for homebuyers looking to settle in a charming rural setting. Main Attractions: Imperial is known for its proximity to the beautiful Balmorhea State Park, home to a stunning spring-fed swimming pool and diverse wildlife. Residents can also enjoy outdoor activities like hiking, fishing, and birdwatching in the surrounding area.
Benefits of FHA Down Payment Assistance Home Loan in Imperial, Texas
