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 Lelia Lake, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lelia Lake, TX provides a financial boost to eligible homebuyers in Lelia Lake, 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 Lelia Lake, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lelia Lake, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lelia Lake, 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 Lelia Lake, 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 Lelia Lake, 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.
The FHA Down Payment Assistance Home Loan in Lelia Lake, Texas offers several benefits to potential homebuyers. This program allows borrowers to secure a mortgage with a lower down payment, making homeownership more accessible. Additionally, the FHA loan requirements are often more lenient compared to conventional loans, providing flexibility to those with less-than-perfect credit. Lelia Lake, Texas, located in Donley County, has a population of approximately 100 residents. The town boasts a close-knit community feel, ideal for those seeking a quieter and more peaceful living environment. With a diverse demographic makeup, Lelia Lake offers a welcoming atmosphere to individuals from various backgrounds. The housing market in Lelia Lake, Texas, is currently experiencing steady growth. The community offers a mix of single-family homes, townhouses, and apartments, catering to different preferences and budgets. The affordability of housing in Lelia Lake makes it an attractive option for first-time homebuyers looking to invest in real estate. Main attractions in Lelia Lake include the picturesque Donley County Courthouse and the nearby Greenbelt Reservoir, offering outdoor recreational activities such as fishing and hiking. The town's rich historical heritage and small-town charm make it an appealing destination for both residents and visitors.
Benefits of FHA Down Payment Assistance Home Loan in Lelia Lake, Texas
