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 Caney, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in New Caney, TX provides a financial boost to eligible homebuyers in New Caney, 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 Caney, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in New Caney, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in New Caney, 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 Caney, 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 Caney, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in New Caney, 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 Caney, 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 Caney, 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.
FHA down payment assistance home loans in New Caney, Texas offer several advantages. They provide a lower down payment requirement, making homeownership more accessible to a wider range of individuals. This can be especially beneficial for first-time homebuyers or those with limited savings. Demographics in New Caney, Texas, show a diverse community with a growing population. The area attracts young families and professionals looking for a suburban lifestyle with easy access to urban amenities. The median age is relatively young, and the area is known for its friendly and welcoming atmosphere. The housing market in New Caney offers a mix of new developments and established neighborhoods. The real estate market is competitive, with a range of housing options to suit different preferences and budgets. The area has seen steady appreciation in home values, making it an attractive investment opportunity. Main attractions in New Caney include the scenic Lake Houston for outdoor enthusiasts, the family-friendly Tavola Adventure Park, and the entertainment hub of Valley Ranch Town Center. Residents can enjoy a variety of shopping, dining, and recreational activities within close proximity.
Benefits of FHA Down Payment Assistance Home Loan in New Caney, Texas
