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 Marble Falls, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Marble Falls, TX provides a financial boost to eligible homebuyers in Marble Falls, 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 Marble Falls, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Marble Falls, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Marble Falls, 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 Marble Falls, 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 Marble Falls, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Marble Falls, 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 Marble Falls, 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 Marble Falls, 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 primary benefits of an FHA down payment assistance home loan in Marble Falls, Texas, is the lower upfront costs for homebuyers. This program allows individuals to purchase a home with a lower down payment requirement compared to conventional loans, making homeownership more accessible. Moreover, FHA loans offer competitive interest rates and flexible qualification criteria, making it easier for first-time homebuyers or those with less-than-perfect credit to secure financing. Additionally, FHA loans provide options for borrowers to finance home improvements and repairs through the same loan. Furthermore, FHA loans in Marble Falls can be combined with down payment assistance programs offered by the state or local agencies, further reducing the financial burden on homebuyers and helping them achieve their homeownership goals. Demographics Marble Falls, Texas, has a population of approximately 7,100 residents, with a median age of 41. The city boasts a diverse community, with a mix of young professionals, families, and retirees. The area is known for its friendly atmosphere and strong sense of community. Housing Market In Marble Falls, the housing market is experiencing steady growth, with a median home price of around $300,000. The market offers a range of housing options, from single-family homes to condominiums, catering to various preferences and budgets. Main Attractions Marble Falls is renowned for its picturesque landscapes, including the stunning Lake Marble Falls and the vibrant downtown area filled with charming shops and restaurants. Outdoor enthusiasts can enjoy hiking at the nearby Balcones Canyonlands National Wildlife Refuge or water activities on Lake LBJ.
Benefits of FHA Down Payment Assistance Home Loan
