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 Mount Calm, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mount Calm, TX provides a financial boost to eligible homebuyers in Mount Calm, 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 Mount Calm, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mount Calm, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mount Calm, 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 Mount Calm, 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 Mount Calm, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mount Calm, 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 Mount Calm, 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 Mount Calm, 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 an FHA Down Payment Assistance Home Loan in Mount Calm, Texas, is the lower down payment requirement. This makes homeownership more accessible to individuals who may not have a large sum of money saved up for a traditional down payment. Another advantage is the competitive interest rates offered by FHA loans. These rates are often more favorable than those of conventional loans, leading to potential savings over the life of the mortgage. Furthermore, FHA loans are known for their lenient credit score requirements, making them a viable option for individuals with less than perfect credit histories. Demographics Mount Calm, Texas, has a population of approximately 300 residents. The majority of the population is made up of families, with a median age of 44 years old. The town has a close-knit community feel, with a focus on family values and community events. Housing Market The housing market in Mount Calm, Texas, offers a variety of options ranging from historic homes to newly constructed properties. The median home price in the area is around $150,000, making it an affordable option for first-time homebuyers. Main Attractions Some of the main attractions in Mount Calm include the scenic Lake Whitney State Park, which offers hiking, fishing, and camping opportunities. The town also boasts a rich history, with landmarks like the Mount Calm Historic District attracting visitors interested in the area's past.
Benefits of FHA Down Payment Assistance Home Loan in Mount Calm, Texas
