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 Junction, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Junction, TX provides a financial boost to eligible homebuyers in Junction, 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 Junction, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Junction, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Junction, 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 Junction, 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 Junction, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Junction, 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 Junction, 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 Junction, 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 offer numerous benefits, making homeownership more accessible. They require a lower down payment, as low as 3.5%, enabling more people to fulfill their dream of owning a home in Junction, Texas. Additionally, FHA loans typically have lower credit score requirements, making them an attractive option for first-time homebuyers or those with less-than-perfect credit. Junction, Texas, is a charming town located in Kimble County with a population of approximately 2,600 residents. The community is known for its friendly small-town feel, beautiful natural surroundings, and rich history. The town's demographics are diverse, with a mix of families, retirees, and young professionals. The housing market in Junction, Texas, offers a variety of options for homebuyers, from historic properties to modern single-family homes. The area has seen steady growth in property values in recent years, making it an attractive investment opportunity. With the assistance of FHA loans, buyers can take advantage of favorable interest rates and flexible terms to purchase their ideal home. Main attractions in Junction include the South Llano River State Park, known for its outdoor recreational activities such as hiking, fishing, and birdwatching. The town also boasts a vibrant downtown area with locally-owned shops, restaurants, and cultural events that showcase the community's unique heritage.
Benefits of FHA Down Payment Assistance Home Loan in Junction, Texas
