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 Lometa, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lometa, TX provides a financial boost to eligible homebuyers in Lometa, 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 Lometa, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lometa, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lometa, 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 Lometa, 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 Lometa, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lometa, 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 Lometa, 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 Lometa, 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 Lometa, Texas provide an excellent opportunity for first-time homebuyers to achieve their dream of homeownership with a lower initial financial burden. These loans offer competitive interest rates and flexible credit requirements, making them accessible to a wide range of borrowers. Demographically, Lometa is a charming rural town with a close-knit community. It has a population of approximately 800 residents, offering a peaceful and serene living environment. The town boasts a mix of families, young professionals, and retirees, creating a diverse and welcoming atmosphere. In terms of the housing market, Lometa presents affordable real estate options, with a variety of single-family homes and spacious lots. The market is stable, providing opportunities for growth and investment. With the assistance of FHA loans, prospective buyers can explore these housing options with reduced financial strain. Main attractions in Lometa include the scenic Colorado Bend State Park, known for its hiking trails and stunning natural beauty. Residents can also enjoy local dining spots, community events, and a range of outdoor recreational activities. Lometa offers a relaxed lifestyle while still providing access to essential amenities.
Benefits of FHA Down Payment Assistance Home Loan in Lometa, Texas
