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 Lillian, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lillian, TX provides a financial boost to eligible homebuyers in Lillian, 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 Lillian, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lillian, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lillian, 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 Lillian, 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 Lillian, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lillian, 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 Lillian, 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 Lillian, 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 Lillian, Texas offer various benefits to potential homebuyers. These loans provide low down payment options, making homeownership more accessible to individuals with limited savings. Additionally, FHA loans often have lower credit score requirements compared to conventional loans, expanding the pool of eligible buyers. The fixed-rate nature of FHA loans provides stability in mortgage payments, aiding in budgeting and financial planning for homeowners. Lillian, Texas, boasts a diverse population with a mix of cultures and backgrounds. The demographics of the town showcase a close-knit community with a range of ages and professions. The town's welcoming environment fosters a sense of belonging for residents, creating a vibrant and inclusive place to call home. The housing market in Lillian, Texas, offers a variety of options for potential buyers. With the assistance of FHA loans, individuals can explore a range of properties from single-family homes to townhouses and condos. The market is competitive yet stable, providing opportunities for both first-time buyers and seasoned investors to find suitable properties. While considering purchasing a home in Lillian, Texas, explore its main attractions. From scenic parks and trails to local eateries and shops, the town offers a mix of recreational and entertainment options. Residents can enjoy a balance of outdoor activities and community events, making Lillian a desirable place to live.
FHA Down Payment Assistance Home Loan Benefits in Lillian, Texas
