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 Martinsville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Martinsville, TX provides a financial boost to eligible homebuyers in Martinsville, 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 Martinsville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Martinsville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Martinsville, 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 Martinsville, 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 Martinsville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Martinsville, 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 Martinsville, 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 Martinsville, 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 key benefits of an FHA Down Payment Assistance Home Loan in Martinsville, Texas, is the lower down payment requirement, making homeownership more accessible to a wider range of buyers. These loans also offer competitive interest rates which can result in lower monthly mortgage payments, providing financial relief to homeowners. Demographics in Martinsville, Texas, show a close-knit community with a population that values traditional values and a slower pace of life. The town has a mix of age groups, with a significant number of families, creating a family-friendly environment with a strong sense of community. The housing market in Martinsville offers a range of options, from cozy single-family homes to spacious estates. With the help of FHA Down Payment Assistance, buyers can find affordable housing options in a desirable location with good school districts, making it an attractive choice for families looking to settle down. Main attractions in Martinsville include the historic downtown area, known for its charming shops and local eateries. The town is also surrounded by natural beauty, with parks and outdoor recreational areas providing opportunities for hiking, fishing, and other outdoor activities that residents can enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Martinsville, Texas
