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 Mountain Home, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mountain Home, TX provides a financial boost to eligible homebuyers in Mountain Home, 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 Mountain Home, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mountain Home, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mountain Home, 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 Mountain Home, 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 Mountain Home, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mountain Home, 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 Mountain Home, 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 Mountain Home, 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.
1. Benefits of FHA Down Payment Assistance Home Loan: The FHA Down Payment Assistance program offers benefits such as lower down payment requirements, competitive interest rates, and flexible credit score criteria, making homeownership more accessible to individuals and families in Mountain Home, Texas. 2. Demographics: Mountain Home, Texas, has a population of approximately X, with a median household income of Y. The area is known for its diverse community, including young professionals, families, and retirees, creating a vibrant and inclusive neighborhood. 3. Housing Market: The housing market in Mountain Home, Texas, is currently experiencing steady growth, with a mix of affordable starter homes and upscale properties. The FHA Down Payment Assistance program can help first-time buyers navigate the market and secure their dream home. 4. Main Attractions: Mountain Home, Texas, boasts scenic views, outdoor recreational activities, and a close-knit community. Residents can enjoy hiking in the nearby hills, visiting local parks, and exploring charming downtown shops and restaurants.
Benefits of FHA Down Payment Assistance Home Loan in Mountain Home, Texas
