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 Manor, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Manor, TX provides a financial boost to eligible homebuyers in Manor, 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 Manor, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Manor, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Manor, 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 Manor, 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 Manor, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Manor, 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 Manor, 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 Manor, 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 Loan in Manor, Texas offers numerous advantages for first-time homebuyers. This program allows for a lower down payment compared to conventional loans, making homeownership more accessible. Additionally, the FHA loan requirements are less stringent, enabling individuals with lower credit scores to qualify. Demographically, Manor, Texas, is a diverse and growing community with a mix of young families, professionals, and retirees. The area's population has been steadily increasing due to its proximity to Austin and affordable housing options, making it an attractive location for individuals looking to settle down. The housing market in Manor, Texas, is vibrant, with a range of housing options available to suit various budgets and preferences. The market has been experiencing steady growth, making it an excellent investment opportunity for potential buyers. With the FHA Down Payment Assistance Home Loan program, individuals can take advantage of the booming market and secure their dream home. Main attractions in Manor, Texas, include the beautiful Jennie Lane Park, a perfect spot for outdoor recreational activities. Additionally, the Manor Farmers Market offers fresh produce and local crafts, showcasing the community's thriving agricultural scene. With its rich history and small-town charm, Manor provides a welcoming environment for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Manor, Texas
