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 Lodi, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lodi, TX provides a financial boost to eligible homebuyers in Lodi, 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 Lodi, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lodi, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lodi, 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 Lodi, 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 Lodi, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lodi, 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 Lodi, 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 Lodi, 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 numerous benefits to homebuyers in Lodi, Texas. These loans require lower down payments, making homeownership more accessible to individuals with limited savings. Demographics in Lodi, Texas: Lodi is a charming town with a diverse population. The community is known for its friendly atmosphere and strong sense of unity. The town has a mix of families, young professionals, and retirees, creating a vibrant and inclusive environment. Housing Market in Lodi, Texas: The housing market in Lodi is competitive yet affordable. With the assistance of FHA loans, potential homebuyers can explore a variety of housing options, from cozy traditional homes to modern condominiums. Main Attractions in Lodi, Texas: Lodi boasts a range of attractions, including picturesque parks, local boutiques, and delicious dining options. Residents and visitors alike enjoy outdoor activities such as hiking and biking along scenic trails.
Benefits of FHA Down Payment Assistance Home Loan in Lodi, Texas
