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 Killeen, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Killeen, TX provides a financial boost to eligible homebuyers in Killeen, 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 Killeen, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Killeen, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Killeen, 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 Killeen, 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 Killeen, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Killeen, 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 Killeen, 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 Killeen, 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.
The FHA Down Payment Assistance Home Loan is a great option for first-time homebuyers in Killeen, Texas. The program allows for a lower down payment, making homeownership more accessible to a wider range of individuals. This assistance can significantly reduce the financial burden associated with purchasing a home. Demographically, Killeen is a vibrant city with a diverse population. It is home to a large military community due to its proximity to Fort Hood, one of the largest military installations in the United States. The city has a mix of residents from different backgrounds, creating a rich cultural tapestry. In terms of the housing market, Killeen offers a range of affordable housing options, making it an attractive destination for homebuyers. The market is stable, with steady appreciation rates, making it a sound investment for those looking to own property in the area. Some of the main attractions in Killeen include the Vive Les Arts Theatre, the Killeen Mall, and the Lions Club Aquatics Park. The city also has a variety of outdoor recreational opportunities, such as hiking trails and parks, making it a great place to live for those who enjoy an active lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in Killeen, Texas
