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 Oakland, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Oakland, TX provides a financial boost to eligible homebuyers in Oakland, 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 Oakland, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Oakland, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Oakland, 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 Oakland, 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 Oakland, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Oakland, 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 Oakland, 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 Oakland, 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 offer several benefits to residents in Oakland, Texas. These loans provide lower down payment requirements, making homeownership more accessible to individuals with limited funds. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for a home loan. In terms of demographics, Oakland, Texas, boasts a diverse population with a mix of cultures and backgrounds. The town has a strong sense of community and is known for its friendly residents. The area is also experiencing growth, attracting young professionals and families looking for affordable housing options. The housing market in Oakland, Texas, is competitive yet affordable compared to surrounding areas. With the assistance of FHA loans, first-time homebuyers can enter the market with ease. The real estate market in Oakland is stable, offering a range of housing options from single-family homes to townhouses. Main attractions in Oakland, Texas, include the beautiful Oakland Park, which provides recreational activities such as hiking trails and picnic areas. The town also hosts annual cultural festivals that celebrate the local heritage and traditions, attracting visitors from nearby areas.
Benefits of FHA Down Payment Assistance Home Loan in Oakland, Texas
