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 Masterson, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Masterson, TX provides a financial boost to eligible homebuyers in Masterson, 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 Masterson, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Masterson, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Masterson, 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 Masterson, 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 Masterson, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Masterson, 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 Masterson, 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 Masterson, 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 provide affordable financing options with lower down payment requirements, helping more individuals and families achieve homeownership. Demographically, Masterson, Texas, is a diverse community with a growing population, consisting of young professionals, families, and retirees, creating a vibrant and inclusive neighborhood. The housing market in Masterson is showing steady growth, with a good balance between supply and demand, making it an attractive location for both homebuyers and investors. Some main attractions in Masterson include the beautiful Masterson Park, a popular spot for outdoor activities, as well as the historic downtown area with charming shops and restaurants, providing a mix of small-town charm and modern conveniences.
Benefits of FHA Down Payment Assistance Home Loan in Masterson, Texas
