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 Lincoln, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lincoln, TX provides a financial boost to eligible homebuyers in Lincoln, 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 Lincoln, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lincoln, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lincoln, 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 Lincoln, 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 Lincoln, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lincoln, 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 Lincoln, 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 Lincoln, 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 low down payment requirements, allowing buyers to qualify with a lower credit score, making homeownership more accessible for many individuals in Lincoln, Texas. Demographics in Lincoln, Texas include a growing population of young professionals and families attracted to the area's affordable housing options, good schools, and proximity to major employment centers like Austin and Houston. The housing market in Lincoln, Texas is characterized by a mix of new construction and established neighborhoods, providing a range of options for homebuyers. With the FHA loan program, buyers can take advantage of competitive interest rates and flexible qualification criteria. Main attractions in Lincoln, Texas include the picturesque countryside, outdoor recreational opportunities such as hiking and fishing, and a vibrant local community that values a high quality of life for its residents.
Benefits of FHA Down Payment Assistance Home Loan in Lincoln, Texas
