Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Marathon, TX

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 Marathon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Marathon, TX?

Our Down Payment Assistance program in Marathon, TX provides a financial boost to eligible homebuyers in Marathon, 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.

Forgivable grant for FHA loans in Marathon, TX

Key Features of Our FHA Down Payment Assistance in Marathon, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Marathon, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Marathon, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Marathon, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Marathon, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Marathon, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Marathon, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Marathon, 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.

First-time homebuyer FHA assistance in Marathon, TX
Start Your Journey Today

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 Marathon, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Marathon, Texas

FHA Down Payment Assistance Home Loan in Marathon, Texas offers numerous benefits to homebuyers. The program helps individuals who may not have a large down payment to secure a home loan with favorable terms and lower interest rates, making homeownership more accessible.

Demographics in Marathon, Texas, showcase a small, tight-knit community with a population of around 400 residents. The town is known for its diverse mix of residents, including families, retirees, and young professionals attracted to the area's peaceful surroundings and slower pace of life.

The housing market in Marathon, Texas, is characterized by a mix of historic homes, ranch-style properties, and new developments. With the support of FHA Down Payment Assistance Home Loan, more buyers can enter the market, driving growth and diversity in housing options within the town.

Marathon, Texas, offers a unique blend of nature and culture, with attractions such as the Gage Hotel and the stunning landscapes of Big Bend National Park drawing visitors and residents alike. The town's rich history and vibrant arts scene provide ample opportunities for exploration and relaxation.

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