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 Lufkin, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lufkin, TX provides a financial boost to eligible homebuyers in Lufkin, 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 Lufkin, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lufkin, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lufkin, 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 Lufkin, 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 Lufkin, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lufkin, 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 Lufkin, 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 Lufkin, 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.
Benefits of FHA Down Payment Assistance in Lufkin: The FHA loan program offers low down payment options, making homeownership more accessible. It also provides competitive interest rates and lenient credit requirements, helping more individuals and families to achieve their dream of owning a home. Demographics: Lufkin, Texas, is a diverse community with a population that includes a mix of young professionals, families, and retirees. The city has a strong sense of community and offers various amenities, making it an attractive place to live for people of all ages. Housing Market: Lufkin's housing market is characterized by affordability and a variety of housing options. The city offers a mix of single-family homes, townhouses, and apartments, catering to different preferences and budgets. With the FHA Down Payment Assistance program, more residents can afford to buy a home in this vibrant market. Main Attractions: Lufkin boasts a range of attractions, including the Ellen Trout Zoo, which is home to a diverse collection of animals, and the picturesque Davy Crockett National Forest, popular for outdoor activities such as hiking and camping. The city also has a rich cultural scene with museums, theaters, and community events.
FHA Down Payment Assistance Home Loan in Lufkin, Texas
