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 Waverly, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in New Waverly, TX provides a financial boost to eligible homebuyers in New Waverly, 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 Waverly, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in New Waverly, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in New Waverly, 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 Waverly, 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 Waverly, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in New Waverly, 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 Waverly, 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 Waverly, 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 Loan in New Waverly, Texas offers numerous benefits for homebuyers. Firstly, it allows buyers to purchase a home with a lower down payment, making homeownership more accessible. Additionally, FHA loans often have lower credit score requirements, making them ideal for first-time buyers or those with less-than-perfect credit. New Waverly, Texas, located in Walker County, has a population of approximately 1,100 residents. The town boasts a close-knit community feel with a mix of families and retirees. The median household income is around the national average, making it an attractive option for those looking to settle down in a welcoming environment. The housing market in New Waverly, Texas, is stable with a range of options for buyers. The average home price is affordable, and with the FHA Down Payment Assistance Home Loan program, more potential homeowners can enter the market. The town offers a mix of single-family homes and rural properties, catering to various preferences. Main attractions in New Waverly include the Sam Houston National Forest, a popular spot for outdoor enthusiasts offering hiking, fishing, and camping opportunities. The town also has local parks, historical sites, and charming shops and restaurants, providing residents with a diverse range of activities to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in New Waverly, Texas
