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 Pleasant, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mount Pleasant, TX provides a financial boost to eligible homebuyers in Mount Pleasant, 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 Pleasant, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mount Pleasant, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mount Pleasant, 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 Pleasant, 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 Pleasant, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mount Pleasant, 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 Pleasant, 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 Pleasant, 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 Pleasant, Texas, is the lower down payment requirement. This can make 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, which can result in lower monthly payments and overall savings over the life of the loan. Additionally, FHA loans are often more lenient when it comes to credit score requirements, allowing more people to qualify for homeownership. Mount Pleasant, Texas, is a vibrant community with a diverse demographic makeup. The city has a mix of families, young professionals, and retirees, creating a close-knit and welcoming atmosphere. The median household income is around the national average, making it an affordable place to live for many. In terms of the housing market, Mount Pleasant offers a range of options from cozy single-family homes to spacious apartments. The market is stable, with steady appreciation rates and a low inventory of homes for sale, making it a great time to buy before prices rise further. Some of the main attractions in Mount Pleasant include the beautiful Mount Pleasant Country Club, the Northeast Texas Children's Museum, and the scenic Lake Bob Sandlin State Park, providing ample opportunities for outdoor recreation and family-friendly activities.
Benefits of FHA Down Payment Assistance Home Loan in Mount Pleasant, Texas
