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 Mertzon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mertzon, TX provides a financial boost to eligible homebuyers in Mertzon, 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 Mertzon, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mertzon, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mertzon, 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 Mertzon, 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 Mertzon, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mertzon, 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 Mertzon, 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 Mertzon, 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 in Mertzon, Texas offer numerous benefits to potential homebuyers. These include lower down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. Demographics in Mertzon typically include a mix of rural and suburban populations. The town has a close-knit community with a range of age groups, including families, young professionals, and retirees. Mertzon offers a peaceful lifestyle with access to outdoor activities and beautiful natural landscapes. The housing market in Mertzon is stable with a variety of housing options available, from single-family homes to ranch properties. The affordability of homes in Mertzon, coupled with the benefits of FHA down payment assistance programs, make it an attractive location for first-time homebuyers and those looking to invest in real estate. Main attractions in Mertzon include the popular Mertzon Rock Gym, a local favorite for rock climbing enthusiasts. The town also boasts the Concho River, ideal for fishing and picnicking, and the Mertzon Rodeo, a lively annual event that celebrates the town's Western heritage.
Benefits of FHA Down Payment Assistance Home Loan in Mertzon, Texas
