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 Leroy, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Leroy, TX provides a financial boost to eligible homebuyers in Leroy, 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 Leroy, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Leroy, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Leroy, 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 Leroy, 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 Leroy, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Leroy, 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 Leroy, 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 Leroy, 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 offer borrowers the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible to a wider range of individuals. This can help first-time homebuyers and those with limited savings to achieve their dream of owning a home in Leroy, Texas. Demographics: Leroy, Texas, is a small, tight-knit community with a population of approximately X residents. The town boasts a diverse population, with a mix of young professionals, families, and retirees. The community takes pride in its strong sense of unity and support for local businesses. Housing Market: The housing market in Leroy, Texas, offers a variety of options for potential buyers, including single-family homes, townhouses, and apartments. With the help of FHA Down Payment Assistance Home Loans, individuals can explore these housing options with greater financial flexibility, leading to increased homeownership rates and a thriving real estate market. Main Attractions: Leroy, Texas, is known for its natural beauty and outdoor recreational opportunities. The town is home to scenic parks, hiking trails, and local attractions that showcase the area's rich history and culture. Residents and visitors alike can enjoy a range of activities, from exploring historic sites to attending community events and festivals.
Benefits of FHA Down Payment Assistance Home Loan in Leroy, Texas