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 Milano, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Milano, TX provides a financial boost to eligible homebuyers in Milano, 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 Milano, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Milano, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Milano, 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 Milano, 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 Milano, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Milano, 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 Milano, 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 Milano, 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 in Milano, Texas provides numerous benefits for first-time homebuyers, including lower down payment requirements, competitive interest rates, and easier qualification standards. This program aims to make homeownership more accessible and affordable. Located in Milam County, Milano has a diverse demographic profile with a mix of age groups and ethnicities. The median household income is above the national average, making it an attractive location for families looking to settle down. The housing market in Milano offers a variety of options, from historic homes to new constructions. The median home price is affordable compared to nearby cities, making it a desirable place for real estate investment and long-term residency. Main attractions in Milano include the Milano Junction, known for its scenic views and hiking trails, and the Milano Livestock Auction, a popular spot for locals and visitors alike. The city's vibrant community events and local businesses also contribute to its charm.
FHA Down Payment Assistance Home Loan in Milano, Texas
