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 Mineral Wells, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mineral Wells, TX provides a financial boost to eligible homebuyers in Mineral Wells, 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 Mineral Wells, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mineral Wells, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mineral Wells, 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 Mineral Wells, 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 Mineral Wells, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mineral Wells, 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 Mineral Wells, 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 Mineral Wells, 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 offer numerous benefits to homebuyers in Mineral Wells, Texas. These loans require a lower down payment, typically around 3.5% of the purchase price, making homeownership more accessible for individuals with limited savings. Furthermore, FHA loans have competitive interest rates and flexible credit score requirements, allowing more people to qualify for financing. With the assistance of these loans, first-time homebuyers can achieve their dream of owning a home in Mineral Wells, a charming city known for its rich history and friendly community. Mineral Wells features a diverse population, with a mix of young professionals, families, and retirees. The city boasts a strong sense of community spirit and offers various amenities, including parks, schools, and recreational facilities.
Benefits of FHA Down Payment Assistance Home Loan in Mineral Wells, Texas
