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 Krum, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Krum, TX provides a financial boost to eligible homebuyers in Krum, 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 Krum, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Krum, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Krum, 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 Krum, 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 Krum, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Krum, 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 Krum, 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 Krum, 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 programs in Krum, Texas offer lower down payment requirements, making home ownership more accessible to individuals who may not have a large sum of money saved up for a traditional down payment. This can help first-time homebuyers get into the housing market more easily without having to wait for years to save up for a sizable down payment. Demographically, Krum, Texas, is a small yet growing community with a diverse population. The town is known for its friendly and welcoming atmosphere, making it an ideal place for families and individuals looking to settle down in a tight-knit community. With a range of housing options, from single-family homes to apartments, Krum caters to individuals from various walks of life. The housing market in Krum, Texas, is thriving, with a mix of new developments and established neighborhoods. The availability of FHA down payment assistance home loans has further boosted the real estate market by attracting more buyers and stimulating growth. The median home prices in Krum are competitive, offering affordable options for those looking to buy a home in a safe and vibrant community. Some of the main attractions in Krum include picturesque parks, local eateries, and community events that bring residents together. The town's proximity to major cities like Dallas also provides easy access to urban amenities while allowing residents to enjoy a peaceful suburban lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in Krum, Texas
