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 Lake Dallas, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lake Dallas, TX provides a financial boost to eligible homebuyers in Lake Dallas, 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 Lake Dallas, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lake Dallas, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lake Dallas, 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 Lake Dallas, 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 Lake Dallas, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lake Dallas, 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 Lake Dallas, 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 Lake Dallas, 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 home loans provide opportunities for first-time homebuyers or those with less-than-perfect credit to achieve homeownership with lower down payments and flexible credit requirements. This program helps make purchasing a home more accessible and affordable for individuals and families in Lake Dallas, Texas. Demographics: Lake Dallas, Texas, has a growing population of diverse backgrounds, with families, young professionals, and retirees choosing to call it home. The community is known for its friendly atmosphere, good schools, and convenient location near major employment centers. Housing Market: The housing market in Lake Dallas offers a mix of single-family homes, townhouses, and apartments to cater to various preferences and budgets. With the assistance of FHA loans, buyers can find affordable housing options and take advantage of the current low-interest rates to make their dream of owning a home a reality. Main Attractions: Lake Dallas boasts beautiful parks, scenic nature trails, and access to Lewisville Lake for outdoor enthusiasts. Residents can enjoy local dining, shopping, and community events, making it an ideal place for a balanced lifestyle.
Benefits of FHA Down Payment Assistance Home Loan in Lake Dallas, Texas
