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 Matador, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Matador, TX provides a financial boost to eligible homebuyers in Matador, 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 Matador, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Matador, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Matador, 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 Matador, 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 Matador, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Matador, 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 Matador, 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 Matador, 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.
Benefits of FHA Down Payment Assistance: One key advantage of FHA loans is the lower down payment requirement, making homeownership more accessible. The down payment assistance program can further reduce the upfront costs for eligible buyers. Additionally, FHA loans offer competitive interest rates and flexible qualification criteria. Demographics in Matador: Matador has a population of around 600 residents, with a mix of families and retirees. The community prides itself on its small-town charm and tight-knit feel. The median household income is slightly below the national average, making down payment assistance programs crucial for many aspiring homeowners. Housing Market Outlook: Matador's housing market is stable, with a range of single-family homes and ranch-style properties. The median home price is affordable, making it an attractive option for first-time buyers. The FHA loan program provides additional support for residents looking to invest in homeownership. Main Attractions in Matador: Matador is known for its rich history, including the Matador Ranch, once one of the largest in the country. The town boasts scenic parks, local eateries, and cultural events that bring the community together. Residents enjoy a relaxed lifestyle with easy access to outdoor activities like fishing and hiking.
FHA Down Payment Assistance Home Loan in Matador, Texas
