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 Jonesboro, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Jonesboro, TX provides a financial boost to eligible homebuyers in Jonesboro, 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 Jonesboro, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Jonesboro, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Jonesboro, 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 Jonesboro, 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 Jonesboro, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Jonesboro, 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 Jonesboro, 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 Jonesboro, 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 Jonesboro, Texas offers various benefits such as low down payment requirements, competitive interest rates, and easier qualification criteria for first-time homebuyers. This program helps individuals overcome the initial financial barrier to homeownership. Jonesboro, Texas, is a vibrant community with a diverse demographic profile. The town has a mix of young families, professionals, and retirees, creating a welcoming and inclusive environment. The population enjoys a high quality of life with access to excellent schools and healthcare facilities. The housing market in Jonesboro, Texas, is characterized by a range of affordable options for homebuyers. The FHA Down Payment Assistance Home Loan has contributed to the growth of the local real estate market by increasing homeownership rates and driving demand for properties. Home values have remained stable, making it an attractive investment opportunity. Main attractions in Jonesboro include scenic parks, historical landmarks, and cultural events that showcase the town's rich heritage. Residents and visitors alike can enjoy outdoor activities, local festivals, and community gatherings that highlight the unique charm of Jonesboro, Texas.
FHA Down Payment Assistance Home Loan in Jonesboro, Texas