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 Kemp, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kemp, TX provides a financial boost to eligible homebuyers in Kemp, 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 Kemp, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kemp, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kemp, 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 Kemp, 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 Kemp, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kemp, 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 Kemp, 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 Kemp, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Kemp, Texas is the lower down payment requirement, making homeownership more accessible to a wider range of individuals and families. This can be particularly beneficial for first-time homebuyers who may not have substantial savings. Furthermore, these loans often come with lower credit score requirements compared to conventional loans, which can make them more attainable for individuals with less-than-perfect credit histories. This can be a significant advantage for those looking to buy a home in Kemp, Texas. Another advantage is that FHA loans typically offer competitive interest rates, which can result in lower monthly mortgage payments, providing additional affordability for homeowners in Kemp. Demographics: Kemp, Texas, has a diverse population with a mix of age groups and backgrounds. The town has a strong sense of community and offers a welcoming environment for residents of all ages. Housing Market: The housing market in Kemp, Texas, is stable with a range of housing options available, from single-family homes to townhouses and apartments. The area has seen steady growth in property values, making it a potentially lucrative market for homebuyers and investors. Main Attractions: Kemp, Texas, boasts beautiful natural surroundings, including Cedar Creek Lake, which offers various recreational activities such as fishing, boating, and hiking. Additionally, the town has a charming downtown area with local shops, restaurants, and community events that add to its small-town appeal.
Benefits of FHA Down Payment Assistance Home Loan in Kemp, Texas
