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 Miles, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Miles, TX provides a financial boost to eligible homebuyers in Miles, 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 Miles, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Miles, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Miles, 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 Miles, 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 Miles, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Miles, 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 Miles, 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 Miles, 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.
The FHA Down Payment Assistance Home Loan in Miles, Texas provides several benefits to homebuyers. It allows for a lower down payment, making homeownership more achievable for those with limited funds. Additionally, it offers competitive interest rates and lenient credit requirements, opening up the opportunity for more individuals to purchase a home. Demographics: Miles, Texas has a diverse population with a mix of young families, professionals, and retirees. The town enjoys a close-knit community feel, making it an ideal place for those seeking a peaceful and friendly environment to live in. Housing Market: The housing market in Miles, Texas is stable with a range of affordable options available for first-time buyers. With the FHA Down Payment Assistance Home Loan, individuals can explore various housing choices within their budget, from cozy single-family homes to spacious condos. Main Attractions: Miles, Texas boasts attractions such as the picturesque Miles City Park, perfect for outdoor activities and family outings. Residents also enjoy easy access to nearby shopping centers, restaurants, and recreational facilities, adding to the charm and convenience of living in this vibrant town.
Benefits of FHA Down Payment Assistance Home Loan in Miles, Texas
