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 Lavon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lavon, TX provides a financial boost to eligible homebuyers in Lavon, 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 Lavon, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lavon, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lavon, 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 Lavon, 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 Lavon, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lavon, 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 Lavon, 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 Lavon, 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 in Lavon, Texas offer several benefits to potential homebuyers. These loans provide a way for buyers to purchase a home with a lower down payment requirement, making homeownership more accessible. Additionally, FHA loans typically have lower interest rates, helping buyers save money over the life of the loan. Lavon, Texas, is a growing community with a diverse demographic profile. The town has a strong sense of community and is known for its friendly residents. The demographics of Lavon include a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere for residents. The housing market in Lavon, Texas, offers a range of options for homebuyers. From cozy single-family homes to spacious estates, there is something for everyone in Lavon. The real estate market in Lavon is also known for its stability and affordability, making it an attractive location for first-time homebuyers and those looking to invest in property. Some main attractions in Lavon, Texas, include the Lavon Lake, which offers outdoor recreational activities such as fishing and boating. The town also has a variety of parks, shopping centers, and restaurants, providing residents with plenty of entertainment options. Additionally, Lavon is located close to major cities like Dallas, giving residents easy access to urban amenities.
Benefits of FHA Down Payment Assistance Home Loan in Lavon, Texas
