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 Morton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Morton, TX provides a financial boost to eligible homebuyers in Morton, 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 Morton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Morton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Morton, 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 Morton, 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 Morton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Morton, 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 Morton, 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 Morton, 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.
One of the key benefits of utilizing a FHA Down Payment Assistance Home Loan in Morton, Texas is the opportunity it provides for individuals and families to achieve homeownership with a lower down payment requirement. This can make owning a home more accessible and affordable for first-time buyers and those with limited savings. Additionally, FHA loans offer competitive interest rates and flexible qualification criteria, making them an attractive option for many borrowers. The down payment assistance programs can further assist in covering upfront costs, helping buyers secure their dream home more easily. Furthermore, FHA loans often come with lower credit score requirements, allowing individuals with less-than-perfect credit to still qualify for a home loan and start building equity through homeownership. Morton, Texas, is a vibrant community with a population of approximately X residents. The town boasts a diverse demographic profile, with a mix of families, professionals, and retirees contributing to its unique charm. The housing market in Morton, Texas, offers a range of options to suit various preferences and budgets. From cozy single-family homes to spacious ranch-style properties, there is a diverse inventory of homes available for purchase. The median home price in Morton is $X, making it an attractive location for prospective homebuyers. Some of the main attractions in Morton include its picturesque parks, local dining scene, and cultural events. Residents can enjoy exploring the scenic outdoors, visiting historical landmarks, and participating in community celebrations throughout the year.
FHA Down Payment Assistance Home Loan Benefits in Morton, Texas
Benefits of FHA Down Payment Assistance Home Loan
