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 Kennard, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kennard, TX provides a financial boost to eligible homebuyers in Kennard, 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 Kennard, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kennard, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kennard, 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 Kennard, 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 Kennard, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kennard, 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 Kennard, 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 Kennard, 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 in Kennard, Texas offer numerous advantages for homebuyers. These loans require a lower down payment, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often come with competitive interest rates, helping buyers save money over the life of their mortgage. Demographically, Kennard, Texas, boasts a diverse population with a mix of families, young professionals, and retirees. The town's community is known for its friendliness and strong sense of unity. The area is also home to a range of cultural events and festivals that celebrate its rich history and heritage. In terms of the housing market, Kennard offers a range of affordable housing options, from quaint single-family homes to spacious modern condos. The market is stable, making it an attractive location for both first-time buyers and seasoned investors. With the help of FHA down payment assistance, prospective homeowners can find their dream property at a price that fits their budget. Main attractions in Kennard include its picturesque parks, charming downtown area, and proximity to natural wonders like national forests and lakes. Residents can enjoy outdoor activities such as hiking, fishing, and camping, making it an ideal place for nature enthusiasts and outdoor lovers.
Benefits of FHA Down Payment Assistance Home Loan in Kennard, Texas
