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 Myra, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Myra, TX provides a financial boost to eligible homebuyers in Myra, 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 Myra, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Myra, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Myra, 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 Myra, 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 Myra, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Myra, 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 Myra, 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 Myra, 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.
Utilizing an FHA Down Payment Assistance home loan in Myra, Texas can provide aspiring homeowners with numerous benefits. This type of loan allows for a lower down payment requirement, making homeownership more accessible to individuals who may not have a large amount of upfront capital. Additionally, FHA loans often have competitive interest rates, which can save borrowers money over the life of the loan. Another advantage is the lenient credit score requirements, enabling individuals with less than perfect credit to still qualify for a loan. Myra, Texas, with a population of approximately XXXX, boasts a diverse community that is welcoming and vibrant. The town is known for its rich history and strong sense of community, making it an ideal place for families and individuals alike. The demographics of Myra showcase a blend of different cultures and backgrounds, creating a unique and vibrant atmosphere. In terms of the housing market, Myra offers a range of housing options to suit different preferences and budgets. The market is characterized by affordable prices and a variety of properties, from cozy single-family homes to spacious estates. With the assistance of FHA loans, prospective buyers can navigate the housing market with more flexibility and ease, making their dream of homeownership a reality. When it comes to attractions, Myra has something for everyone. The town is home to beautiful parks, charming shops, and delicious restaurants, providing residents with ample activities to enjoy. Nature lovers can explore the scenic trails and parks, while history enthusiasts can visit the local museums and landmarks.
Benefits of FHA Down Payment Assistance Home Loan in Myra, Texas
