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 Menard, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Menard, TX provides a financial boost to eligible homebuyers in Menard, 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 Menard, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Menard, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Menard, 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 Menard, 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 Menard, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Menard, 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 Menard, 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 Menard, 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 in Menard, Texas provides opportunities for individuals and families to become homeowners with a lower initial down payment requirement, making homeownership more accessible and affordable. Demographics in Menard, Texas show a diverse community with a mix of age groups, including young professionals, families, and retirees. The town has a strong sense of community and offers a peaceful and welcoming environment for residents. The housing market in Menard, Texas is stable with a variety of housing options ranging from historic homes to modern developments. The availability of FHA Down Payment Assistance Home Loans contributes to the growth of the real estate market and helps boost homeownership rates in the area. Main attractions in Menard, Texas include historic sites such as Presidio de San Sabá, recreational opportunities at the San Saba River, and the vibrant local arts and culture scene. Residents and visitors alike can enjoy the town's rich history and natural beauty.
Benefits of FHA Down Payment Assistance Home Loan in Menard, Texas
