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 Kenney, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kenney, TX provides a financial boost to eligible homebuyers in Kenney, 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 Kenney, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kenney, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kenney, 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 Kenney, 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 Kenney, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kenney, 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 Kenney, 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 Kenney, 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 Kenney, Texas is the lower down payment requirement. This enables more people to become homeowners by allowing them to put down a smaller initial investment. Furthermore, these loans often come with competitive interest rates and more lenient credit score requirements, making homeownership more attainable for individuals who may not qualify for conventional loans. Another advantage is the possibility of including the down payment and closing costs in the loan amount, easing the financial burden on the buyer during the home purchase process. Demographics Kenney, Texas, is a small town with a population that enjoys a close-knit community feel. The area is known for its friendly residents and welcoming atmosphere, making it an ideal place for families and individuals looking for a tight community bond. Housing Market In Kenney, the housing market is diverse, offering a range of options from historic homes with character to modern developments. The market is generally stable, with reasonable prices compared to neighboring areas, making it an attractive location for first-time homebuyers. Main Attractions Kenney, Texas, boasts a rich history and is home to various attractions, including historical sites, parks, and local festivals. Residents can enjoy the beautiful countryside while still being within a short drive of larger cities for work or leisure activities.
FHA Down Payment Assistance Home Loan Benefits in Kenney, Texas
