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 North Richland Hills, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in North Richland Hills, TX provides a financial boost to eligible homebuyers in North Richland Hills, 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 North Richland Hills, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in North Richland Hills, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in North Richland Hills, 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 North Richland Hills, 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 North Richland Hills, 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 program in North Richland Hills, Texas, offers numerous benefits to homebuyers. One major advantage is the lower down payment requirement, making homeownership more accessible to individuals with limited savings. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for financing. Demographically, North Richland Hills is a diverse and thriving community located in the heart of Texas. With a growing population, the city offers a mix of suburban comfort and urban amenities. The area is known for its excellent school system, making it an ideal location for families looking to settle down. The housing market in North Richland Hills is robust, with a range of housing options available to suit various budgets and preferences. The city has seen steady appreciation in property values, making it a sound investment for homebuyers. The FHA Down Payment Assistance Home Loan further enhances affordability for prospective buyers. Some of the main attractions in North Richland Hills include beautiful parks, recreational facilities, shopping centers, and diverse dining options. Residents enjoy a high quality of life with access to outdoor activities and community events, making it a desirable place to call home.
Benefits of FHA Down Payment Assistance Home Loan in North Richland Hills, Texas