Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Moran, TX

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 Moran, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Moran, TX?

Our Down Payment Assistance program in Moran, TX provides a financial boost to eligible homebuyers in Moran, 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.

Forgivable grant for FHA loans in Moran, TX

Key Features of Our FHA Down Payment Assistance in Moran, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Moran, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Moran, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Moran, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Moran, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Moran, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Moran, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Moran, 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.

First-time homebuyer FHA assistance in Moran, TX
Start Your Journey Today

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 Moran, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Moran, Texas

The FHA Down Payment Assistance Home Loan in Moran, Texas offers numerous benefits for first-time homebuyers and those with limited financial resources. This program provides access to affordable financing options, lower down payment requirements, and competitive interest rates. It also offers flexibility in credit requirements, making homeownership more accessible to a wider range of individuals.

Moran, Texas, a small town with a population of approximately 270 residents, is known for its close-knit community and peaceful surroundings. The town boasts a diverse demographic mix, including families, retirees, and young professionals, creating a welcoming and inclusive atmosphere.

The housing market in Moran, Texas, provides a range of options, from cozy single-family homes to spacious properties with large lots. The median home value is affordable, making it an attractive location for individuals looking to purchase their first home or invest in real estate. Additionally, the market shows stability and growth potential, offering a promising outlook for homeowners and investors.

Main attractions in Moran, Texas, include the scenic beauty of the surrounding countryside, ideal for outdoor activities such as hiking, fishing, and camping. The town also features local shops, restaurants, and community events that contribute to its charming and vibrant character, making it a desirable place to live and visit.

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