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 New Boston, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in New Boston, TX provides a financial boost to eligible homebuyers in New Boston, 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 New Boston, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in New Boston, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in New Boston, 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 New Boston, 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 New Boston, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in New Boston, 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 New Boston, 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 New Boston, 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.
The FHA Down Payment Assistance Home Loan in New Boston, Texas offers benefits such as lower down payment requirements, competitive interest rates, and increased access to home ownership for individuals with lower credit scores. New Boston, Texas, has a diverse population with a mix of both urban and rural residents. The town boasts a median age of 40, with a predominantly Caucasian and African American population. The housing market in New Boston is stable, with a median home price of $120,000. The market offers a variety of housing options, from historic homes to modern developments, catering to different preferences and budgets. Main attractions in New Boston include the historic T&P Railway Depot Museum, the scenic Red River, and the lively downtown area with shops and restaurants. The town's close-knit community and charming atmosphere make it an ideal place to call home.
Benefits of FHA Down Payment Assistance Home Loan in New Boston, Texas
