Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Larue, TX

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 Larue, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Larue, TX?

Our Down Payment Assistance program in Larue, TX provides a financial boost to eligible homebuyers in Larue, 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.

Forgivable grant for FHA loans in Larue, TX

Key Features of Our FHA Down Payment Assistance in Larue, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Larue, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Larue, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Larue, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Larue, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Larue, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Larue, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Larue, 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.

First-time homebuyer FHA assistance in Larue, TX
Start Your Journey Today

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 Larue, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Larue, Texas

Benefits:

An FHA loan with down payment assistance in Larue, Texas can help first-time homebuyers by requiring a low down payment, typically around 3.5%. This makes homeownership more accessible.

Furthermore, FHA loans have competitive interest rates and allow for lower credit scores compared to conventional loans, making it easier for individuals with less-than-perfect credit to qualify.

Additionally, the FHA loan program offers flexibility in terms of the sources of down payment assistance, helping buyers cover upfront costs and closing fees.

Demographics:

Larue, Texas has a population of approximately X, with a median household income of $X. The majority of residents are families, with a diverse mix of ages represented in the community.

Housing Market:

The housing market in Larue is currently experiencing steady growth, with affordable housing options available for buyers. The median home price is $X, with a variety of single-family homes and land plots for sale.

Main Attractions:

Larue is known for its beautiful nature trails and outdoor recreational activities, making it an ideal location for those who enjoy spending time in nature. Additionally, the town hosts annual events that celebrate its rich history and culture.

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