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 Lexington, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lexington, TX provides a financial boost to eligible homebuyers in Lexington, 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 Lexington, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lexington, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lexington, 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 Lexington, 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 Lexington, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lexington, 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 Lexington, 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 Lexington, 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.
With an FHA down payment assistance home loan in Lexington, Texas, prospective homebuyers can benefit from lower down payment requirements, making homeownership more accessible. This program provides financial assistance, reduced interest rates, and relaxed credit score criteria, making it an attractive option for first-time buyers or those with limited funds. Demographically, Lexington, Texas, is a vibrant community with a mix of young families, professionals, and retirees. The town boasts a strong sense of community, excellent schools, and a growing job market, making it an ideal place to settle down and raise a family. In terms of the housing market, Lexington offers a range of affordable housing options, from single-family homes to condos and apartments. The market is stable, with moderate appreciation rates, making it a good investment opportunity for buyers looking for long-term growth potential. Some main attractions in Lexington include its historic downtown area, beautiful parks and outdoor recreational spaces, and cultural events throughout the year. Residents can enjoy a high quality of life with access to amenities, dining options, and entertainment venues.
FHA Down Payment Assistance Home Loan in Lexington, Texas
