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 Marlin, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Marlin, TX provides a financial boost to eligible homebuyers in Marlin, 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 Marlin, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Marlin, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Marlin, 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 Marlin, 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 Marlin, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Marlin, 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 Marlin, 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 Marlin, 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 programs in Marlin, Texas offer several advantages to potential homebuyers. These loans require a lower down payment compared to traditional mortgage loans, making homeownership more accessible. Additionally, they often have lower credit score requirements, helping individuals with less-than-perfect credit to qualify for a loan. Demographically, Marlin, Texas is a diverse community with a mix of residents from various backgrounds. The city has a population of around 5,500 and offers a small-town atmosphere with a strong sense of community. The cost of living in Marlin is relatively affordable, making it an attractive option for families and individuals looking to settle down. In terms of the housing market, Marlin, Texas offers a range of housing options to suit different preferences and budgets. From historic homes with character to newer developments, homebuyers can find a property that meets their needs. The market is stable, with moderate price appreciation, making it a good investment opportunity for buyers. Marlin, Texas boasts several main attractions that residents and visitors can enjoy. The city is home to Falls On the Brazos Park, where outdoor enthusiasts can explore nature trails and enjoy picnics by the river. Additionally, the city has a rich cultural heritage, evident in its historic downtown area and museums.
The Benefits of FHA Down Payment Assistance Home Loan in Marlin, Texas
