Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Norton, TX

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 Norton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Norton, TX?

Our Down Payment Assistance program in Norton, TX provides a financial boost to eligible homebuyers in Norton, 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.

Forgivable grant for FHA loans in Norton, TX

Key Features of Our FHA Down Payment Assistance in Norton, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Norton, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Norton, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Norton, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Norton, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Norton, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Norton, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Norton, 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.

First-time homebuyer FHA assistance in Norton, TX
Start Your Journey Today

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 Norton, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Norton, Texas

FHA down payment assistance home loan in Norton, Texas provides individuals with a lower down payment option, typically as low as 3.5% of the home's purchase price. This enables more individuals to become homeowners, especially first-time buyers who may struggle with a larger down payment.

Demographics of Norton, Texas show a small, close-knit community with a population that values a quiet and peaceful lifestyle. The town boasts a strong sense of community with various events and activities that bring residents together.

The housing market in Norton, Texas is currently stable, with a range of housing options available for different budgets. The FHA down payment assistance home loan can help individuals access these housing options with more ease and flexibility, making homeownership a reality for many.

Main attractions in Norton, Texas include the beautiful Norton Lake, a popular spot for fishing and picnicking. The town also features quaint local shops and restaurants that add to its charm and appeal.

Send a Email

Fill our the form or shoot us a email at

sharon@horizonlendingservices.com
Give Us A Call

If you have any questions or you prefer to speak via the telephone.

972-347-9224
Book Your Appointment
Book now