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 Kennedale, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kennedale, TX provides a financial boost to eligible homebuyers in Kennedale, 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 Kennedale, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kennedale, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kennedale, 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 Kennedale, 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 Kennedale, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kennedale, 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 Kennedale, 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 Kennedale, 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 Kennedale, Texas offer numerous benefits to prospective home buyers. This program allows for lower down payments, making homeownership more accessible to individuals who may not have a large sum of cash upfront. Additionally, FHA loans often have lower credit score requirements, providing opportunity for individuals with less-than-perfect credit to qualify for a mortgage. Kennedale, Texas, is a vibrant community with a population of approximately 8,000 residents. The city boasts a diverse demographic makeup, with a mix of young families, professionals, and retirees. With a strong sense of community and a range of amenities, Kennedale is an attractive place to call home. The housing market in Kennedale is robust, offering a mix of single-family homes, townhouses, and condos. The median home price in Kennedale is competitive, making it an affordable option for first-time buyers and those looking to upgrade to a larger property. With a variety of housing options available, there is something to suit every budget and lifestyle. Kennedale, Texas, has a wealth of attractions for residents and visitors alike. From beautiful parks and recreational facilities to local restaurants and shops, there is always something to see and do in this bustling city. The proximity to Fort Worth also provides easy access to cultural events, dining options, and entertainment venues.
FHA Down Payment Assistance Home Loan Benefits in Kennedale, Texas