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 Nocona, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Nocona, TX provides a financial boost to eligible homebuyers in Nocona, 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 Nocona, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Nocona, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Nocona, 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 Nocona, 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 Nocona, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Nocona, 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 Nocona, 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 Nocona, 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 Nocona, Texas provides numerous benefits to potential homebuyers. This loan program offers low down payment requirements, making home ownership more accessible. Additionally, it allows for lower credit scores compared to traditional loans, assisting individuals with less than perfect credit to qualify for a mortgage. Nocona, Texas, located in Montague County, has a population of around 3,000 residents. The town boasts a rich western heritage and a close-knit community. With a lower cost of living compared to larger cities, Nocona attracts individuals looking for a peaceful and affordable place to call home. The housing market in Nocona, Texas, offers a variety of options for homebuyers. From historic properties with architectural charm to modern developments, there is something for everyone. The FHA Down Payment Assistance Home Loan opens up these housing opportunities to more individuals, promoting growth and stability in the local real estate market. Nocona, Texas, is known for its charming downtown area, featuring local shops, restaurants, and cultural attractions. The town is also home to the Tales 'N' Trails Museum, showcasing the history of the area. Outdoor enthusiasts can enjoy Lake Nocona for fishing and boating activities, adding to the town's appeal.
FHA Down Payment Assistance Home Loan in Nocona, Texas
