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 Malone, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Malone, TX provides a financial boost to eligible homebuyers in Malone, 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 Malone, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Malone, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Malone, 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 Malone, 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 Malone, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Malone, 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 Malone, 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 Malone, 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.
Obtaining an FHA Down Payment Assistance Home Loan in Malone, Texas can greatly benefit first-time homebuyers by providing a more affordable option to achieve homeownership. With lower down payment requirements and competitive interest rates, this program makes purchasing a home more attainable. Malone, Texas, is a small town with a population of approximately 300 residents. The community is known for its friendly atmosphere and tight-knit community feel. The town offers a peaceful and serene environment, perfect for families looking to settle down. The housing market in Malone, Texas, is currently favorable for buyers. With a range of housing options from single-family homes to spacious ranch properties, there is something for everyone. The median home price is competitive, making it an attractive location for those seeking affordable housing options. Although a small town, Malone has its own charm and attractions. Visitors can explore the historic downtown area, enjoy outdoor activities at nearby parks, and experience the local cuisine at charming eateries. The town's proximity to larger cities also provides easy access to cultural and entertainment options.
Benefits of FHA Down Payment Assistance Home Loan in Malone, Texas
