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 Meridian, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Meridian, TX provides a financial boost to eligible homebuyers in Meridian, 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 Meridian, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Meridian, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Meridian, 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 Meridian, 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 Meridian, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Meridian, 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 Meridian, 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 Meridian, 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 Meridian, Texas offers low down payment options, making homeownership more accessible to a wider range of individuals. This program provides financial assistance to first-time homebuyers and those with limited savings, helping them achieve the dream of owning a home. Demographically, Meridian, Texas, is a charming small town with a population of around 1,500 residents. The community is close-knit, offering a peaceful and safe environment for families. The town has a mix of young professionals, retirees, and families, creating a diverse and welcoming atmosphere. The housing market in Meridian is stable with a variety of housing options available, including single-family homes, townhouses, and apartments. The median home price is affordable, making it an attractive location for first-time buyers. The real estate market is competitive, but with the assistance of FHA loans, more individuals can fulfill their homeownership goals. Meridian, Texas, boasts many main attractions, such as the historic downtown area with unique shops and restaurants, the Bosque River for outdoor activities like fishing and kayaking, and nearby parks and trails for hiking and picnicking. The town offers a peaceful and scenic setting, making it an ideal place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Meridian, Texas
