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 Kilgore, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kilgore, TX provides a financial boost to eligible homebuyers in Kilgore, 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 Kilgore, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kilgore, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kilgore, 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 Kilgore, 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 Kilgore, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kilgore, 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 Kilgore, 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 Kilgore, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers lower down payment requirements, making homeownership more accessible. With down payment assistance, qualified buyers can receive help in meeting the upfront costs, reducing financial strain. Additionally, FHA loans often have competitive interest rates and flexible credit score requirements. Demographics: Kilgore, Texas, is a diverse community with a population that values homeownership. The city has a mix of families, young professionals, and retirees, creating a vibrant and inclusive atmosphere. The affordability of FHA loans makes them particularly attractive to first-time homebuyers looking to settle in this welcoming town. Housing Market: Kilgore's housing market is robust, offering a variety of options from historic homes to modern developments. The availability of FHA loans with down payment assistance further energizes the market, attracting more buyers and supporting property values. The city's real estate market is stable, providing a secure investment opportunity for homebuyers. Main Attractions: Kilgore boasts a rich cultural scene, with attractions such as the East Texas Oil Museum and the Rangerette Showcase and Museum. The city also features beautiful parks, recreational facilities, and a thriving downtown area with shops and restaurants, providing residents with a high quality of life.
FHA Down Payment Assistance Home Loan in Kilgore, Texas
