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 Longview, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Longview, TX provides a financial boost to eligible homebuyers in Longview, 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 Longview, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Longview, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Longview, 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 Longview, 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 Longview, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Longview, 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 Longview, 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 Longview, 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.
One of the main benefits of an FHA down payment assistance home loan in Longview, Texas is the opportunity it provides for individuals with lower credit scores to become homeowners. With lower down payment requirements and more flexible eligibility criteria, this program opens up doors for a wider range of people to achieve the dream of homeownership. Demographically, Longview, Texas is a vibrant community with a population that reflects a mix of age groups and ethnicities. The city boasts a strong sense of community and offers a range of cultural events and recreational activities for residents to enjoy. With a growing economy and various educational institutions, Longview attracts individuals and families looking for a dynamic place to live. In terms of the housing market, Longview, Texas offers a diverse range of housing options to suit different preferences and budgets. The city has experienced steady growth in property values over the years, making it an attractive location for real estate investments. With the assistance of FHA down payment programs, prospective homebuyers can take advantage of the favorable market conditions in Longview. Main attractions in Longview include the beautiful Paul Boorman Trail for outdoor enthusiasts, the Longview Museum of Fine Arts for art lovers, and the vibrant Downtown area with its shops and restaurants. The city's rich history and friendly residents make it a welcoming place for newcomers looking to settle down in East Texas.
Benefits of FHA Down Payment Assistance Home Loan in Longview, Texas
