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 Mirando City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mirando City, TX provides a financial boost to eligible homebuyers in Mirando City, 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 Mirando City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mirando City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mirando City, 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 Mirando City, 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 Mirando City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mirando City, 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 Mirando City, 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 Mirando City, 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 Loan in Mirando City offers numerous advantages for homebuyers. It allows for a lower down payment, making homeownership more accessible. Additionally, FHA loans often come with competitive interest rates, lower credit score requirements, and the possibility of including the closing costs in the loan. Mirando City, Texas, is a small community with a diverse population. The demographics of the area include a mix of Hispanic, White, and other ethnicities. The town has a close-knit feel, with many families and individuals calling it home. The cost of living is reasonable, making it an attractive option for those looking to buy a house. The housing market in Mirando City is a stable one, with a range of properties available for purchase. The town offers a mix of new developments and older, more established homes. The prices are relatively affordable compared to nearby cities, making it a popular choice for first-time homebuyers. With the assistance of FHA loans, many residents can achieve their dream of owning a home. Main attractions in Mirando City include the beautiful Chaparral Wildlife Management Area, offering nature trails and birdwatching opportunities. The town also has a strong sense of community, with local events and festivals that bring residents together. The peaceful surroundings and scenic landscapes make Mirando City a desirable place to live.
Benefits of FHA Down Payment Assistance Home Loan in Mirando City, Texas
