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 Lytle, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lytle, TX provides a financial boost to eligible homebuyers in Lytle, 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 Lytle, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lytle, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lytle, 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 Lytle, 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 Lytle, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lytle, 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 Lytle, 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 Lytle, 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 key benefits of the FHA Down Payment Assistance Home Loan program in Lytle, Texas is that it helps potential homeowners overcome one of the biggest barriers to homeownership - the down payment. This assistance program allows buyers to secure a home with a lower down payment, making homeownership more accessible and affordable. Additionally, FHA loans often have lower credit score requirements and allow for higher debt-to-income ratios compared to conventional loans, making them a viable option for first-time homebuyers or those with less-than-perfect credit. Furthermore, FHA loans offer competitive interest rates, ensuring that homeowners can secure financing at favorable terms, ultimately saving money over the life of the loan. Demographics: Lytle, Texas, is a charming small town with a population of approximately X. The town is known for its close-knit community feel and diverse population. Residents of Lytle enjoy a suburban rural mix feel and most residents own their homes. Housing Market: The housing market in Lytle is currently experiencing steady growth, with a range of housing options available from single-family homes to townhouses. The median home value in Lytle is $X, making it an affordable option for many homebuyers. Main Attractions: Some of the main attractions in Lytle include X. The town also boasts a thriving local arts scene, numerous parks and recreational facilities, and a variety of dining options.
Benefits of FHA Down Payment Assistance Home Loan in Lytle, Texas
