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 Lampasas, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lampasas, TX provides a financial boost to eligible homebuyers in Lampasas, 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 Lampasas, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lampasas, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lampasas, 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 Lampasas, 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 Lampasas, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lampasas, 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 Lampasas, 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 Lampasas, 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 Lampasas, Texas offers numerous benefits to first-time homebuyers or those with a limited budget. It allows for a lower down payment, typically around 3.5%, making homeownership more accessible. Additionally, the FHA loan program provides lenient credit requirements and allows for candidates with lower credit scores to qualify. This can be especially advantageous for individuals looking to improve their credit history through homeownership. Furthermore, the FHA loan comes with competitive interest rates, making it a cost-effective option for purchasing a home in Lampasas, Texas. The assistance provided can help individuals achieve their dream of owning a home while managing their finances effectively. Demographics of Lampasas, Texas Lampasas, Texas, has a population of approximately 7,000 residents. The city is known for its friendly community atmosphere and a strong sense of local pride. The demographics include a mix of families, professionals, and retirees, creating a diverse and welcoming environment. Housing Market in Lampasas, Texas The housing market in Lampasas, Texas, offers a range of housing options, from historic homes to modern developments. The median home price is affordable, making it an attractive location for first-time homebuyers. The market is stable, with steady appreciation rates, offering a solid investment opportunity. Main Attractions in Lampasas, Texas Lampasas, Texas, boasts a variety of attractions, including the historic Hancock Park, Hanna Springs Sculpture Garden, and the Lampasas County Museum. The city's natural beauty, with nearby parks and outdoor recreational activities, attracts nature lovers and outdoor enthusiasts alike.
Benefits of FHA Down Payment Assistance Home Loan in Lampasas, Texas
