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 Milford, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Milford, TX provides a financial boost to eligible homebuyers in Milford, 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 Milford, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Milford, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Milford, 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 Milford, 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 Milford, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Milford, 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 Milford, 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 Milford, 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.
Benefits of FHA Down Payment Assistance: The FHA loan program provides opportunities for first-time homebuyers in Milford, Texas, to purchase a home with a lower down payment. This assistance can make homeownership more accessible and affordable for individuals and families. Additionally, FHA loans typically have competitive interest rates and flexible eligibility requirements, making them a popular choice for many buyers. Demographics: Milford, Texas, is a diverse community with a mix of residents of various ages and backgrounds. The population consists of families, young professionals, and retirees, contributing to a vibrant and inclusive neighborhood. The town's close-knit community provides a welcoming environment for newcomers looking to settle down. Housing Market: Milford's housing market offers a range of options for potential buyers, from cozy single-family homes to spacious properties. The town boasts a stable real estate market with steady appreciation rates, making it an attractive location for investment. With the assistance of FHA loans, prospective homeowners can find affordable financing solutions to purchase their dream homes in Milford. Main Attractions: Milford, Texas, is known for its scenic beauty and charming small-town atmosphere. Residents and visitors can enjoy outdoor activities such as hiking, fishing, and picnicking at nearby parks and recreational areas. The town also features quaint local shops, cozy cafes, and cultural events that showcase the community's rich heritage.
FHA Down Payment Assistance Home Loan in Milford, Texas
