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 Iowa Park, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Iowa Park, TX provides a financial boost to eligible homebuyers in Iowa Park, 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 Iowa Park, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Iowa Park, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Iowa Park, 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 Iowa Park, 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 Iowa Park, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Iowa Park, 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 Iowa Park, 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 Iowa Park, 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.
Under the FHA Down Payment Assistance program in Iowa Park, Texas, eligible buyers can benefit from lower down payments, making homeownership more affordable. This can be especially helpful for first-time buyers or those with limited funds for a down payment. Iowa Park, Texas, is a charming community with a population of around 6,000 people. The town has a suburban feel and is known for its excellent schools, low crime rate, and strong sense of community. The median home price in Iowa Park is affordable, making it an attractive option for those looking to buy a home. The housing market in Iowa Park is stable, with a mix of older homes and new developments. The market offers a variety of housing options, from single-family homes to apartments, catering to different preferences and budgets. The FHA Down Payment Assistance program can further support buyers in finding their dream home in this welcoming Texas town. Some main attractions in Iowa Park include Lake Buffalo, a popular spot for fishing and boating, and the Iowa Park Recreation Area, which offers hiking trails and picnic areas. The town also hosts community events throughout the year, providing residents with opportunities to connect and enjoy the vibrant local culture.
FHA Down Payment Assistance Home Loan in Iowa Park, Texas
