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 Keene, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Keene, TX provides a financial boost to eligible homebuyers in Keene, 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 Keene, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Keene, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Keene, 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 Keene, 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 Keene, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Keene, 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 Keene, 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 Keene, 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 several benefits for potential homebuyers in Keene, Texas. These loans allow buyers to purchase a home with a lower down payment, typically as low as 3.5% of the purchase price. This makes homeownership more accessible for first-time buyers or those with limited cash savings. Additionally, FHA loans often have more flexible qualification requirements compared to conventional loans, making them an attractive option for borrowers with less-than-perfect credit scores or higher debt-to-income ratios. The loans also offer competitive interest rates, providing savings over the life of the loan. Keene, Texas, a small town with a population of around 6,400 residents, boasts a diverse community with a mix of ages and backgrounds. The town features a range of housing options, including single-family homes, townhouses, and apartments, catering to various income levels. In terms of the housing market, Keene offers a stable and growing real estate market. The town has seen steady appreciation in home values over the past few years, making it an attractive location for long-term investment. With the availability of FHA down payment assistance programs, more buyers can enter the market and contribute to its growth. Some main attractions in Keene include the Southwestern Adventist University, which brings a youthful energy to the town, and the nearby Cleburne State Park, offering outdoor recreational activities such as hiking, fishing, and camping. Keene's proximity to the Dallas-Fort Worth metroplex also provides residents with access to urban amenities while enjoying the peaceful suburban lifestyle.
FHA Down Payment Assistance Home Loan Benefits in Keene, Texas
