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 Kerrick, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kerrick, TX provides a financial boost to eligible homebuyers in Kerrick, 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 Kerrick, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kerrick, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kerrick, 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 Kerrick, 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 Kerrick, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kerrick, 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 Kerrick, 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 Kerrick, 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.
An FHA down payment assistance home loan in Kerrick, Texas offers numerous benefits, including lower down payment requirements, relaxed credit score guidelines, and competitive interest rates. This makes homeownership more accessible for individuals who may not qualify for traditional loans. Demographics Kerrick, Texas, is a small rural town with a population of around 500 residents. The community is tight-knit, and the town is known for its friendly atmosphere and strong sense of community. The population is diverse, with a mix of age groups and backgrounds, making Kerrick an inclusive and welcoming place to call home. Housing Market The housing market in Kerrick offers affordable options for both buying and renting. The availability of FHA down payment assistance programs further enhances the affordability of homeownership, making it an attractive option for first-time buyers and low to moderate-income families. The market is stable, with steady growth in property values over time. Main Attractions While Kerrick is a small town, it boasts several main attractions, including the Kerrick Community Park, where residents can enjoy outdoor activities and community events. The town also has a rich history, with historic sites and landmarks that showcase its heritage. Additionally, Kerrick is surrounded by picturesque natural scenery, providing opportunities for outdoor recreation and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Kerrick, Texas
