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 Iraan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Iraan, TX provides a financial boost to eligible homebuyers in Iraan, 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 Iraan, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Iraan, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Iraan, 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 Iraan, 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 Iraan, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Iraan, 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 Iraan, 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 Iraan, 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.
The FHA down payment assistance home loan in Iraan, Texas, offers numerous benefits to potential homebuyers. One significant advantage is the lower down payment requirement, making homeownership more accessible to a wider range of buyers. Additionally, FHA loans often have more flexible credit score requirements, allowing individuals with less-than-perfect credit to qualify for a loan. Demographically, Iraan is a small town in Texas with a close-knit community. The population consists of a mix of families, retirees, and young professionals. The town's charm lies in its friendly atmosphere and community events that bring residents together. In terms of the housing market, Iraan offers affordable housing options compared to neighboring cities. The real estate market is stable, with a variety of properties available, including single-family homes and vacant land for custom builds. With the assistance of FHA loans, first-time homebuyers can easily navigate the market and find a suitable property. Some main attractions in Iraan include the beautiful Lake Ivey, popular for fishing and boating activities. The town also boasts scenic parks, local shops, and restaurants that showcase the area's unique culture. For nature lovers, the nearby Big Bend National Park offers hiking trails and breathtaking views, making Iraan an ideal location for those seeking a balance between rural living and outdoor adventures.
FHA Down Payment Assistance Home Loan in Iraan, Texas
