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 Millican, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Millican, TX provides a financial boost to eligible homebuyers in Millican, 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 Millican, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Millican, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Millican, 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 Millican, 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 Millican, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Millican, 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 Millican, 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 Millican, 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.
When considering a home loan in Millican, Texas, utilizing FHA down payment assistance can be highly beneficial. This type of loan offers lower down payment requirements, making homeownership more accessible for first-time buyers or those with limited funds for a down payment. Demographically, Millican is a small town with a tight-knit community. The population is diverse, with a mix of families, young professionals, and retirees. The town's welcoming atmosphere and family-friendly environment make it an attractive place to settle down. In terms of the housing market, Millican offers a range of affordable options for homebuyers. With the assistance provided by FHA loans, more individuals and families can achieve their dream of owning a home in this charming town. The market is stable, making it a smart investment choice. Millican boasts various main attractions, including Millican Reserve, a nature preserve perfect for outdoor enthusiasts. The town also has a rich history, with historic sites and museums for residents and visitors to explore. Additionally, the local schools and community events make it an ideal place to raise a family.
FHA Down Payment Assistance Home Loan in Millican, Texas
