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 Marfa, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Marfa, TX provides a financial boost to eligible homebuyers in Marfa, 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 Marfa, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Marfa, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Marfa, 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 Marfa, 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 Marfa, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Marfa, 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 Marfa, 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 Marfa, 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 loans in Marfa, Texas, offer numerous benefits to homebuyers looking to achieve their homeownership dreams. These loans allow for lower down payments, making purchasing a home more accessible for first-time buyers and those with limited funds. Demographics in Marfa showcase a unique mix of residents, including artists, retirees, and families. The town's population is characterized by a strong sense of community and a vibrant arts scene, attracting individuals from various backgrounds to settle in this charming West Texas town. The housing market in Marfa is diverse, offering a range of property options from historic adobe homes to modern eco-friendly designs. With the help of FHA down payment assistance programs, prospective buyers can explore these housing options with more financial flexibility and support. Marfa's main attractions include the iconic Prada Marfa art installation, the Chinati Foundation with its contemporary art exhibits, and the breathtaking landscape of the Chihuahuan Desert. Residents and visitors alike enjoy the town's cultural events, eclectic dining scene, and outdoor recreational opportunities.
Benefits of FHA Down Payment Assistance Home Loan in Marfa, Texas
