Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Oglesby, 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 Oglesby, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Oglesby, TX?

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

Key Features of Our FHA Down Payment Assistance in Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, 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 Oglesby, Texas

Benefits

1. Low Down Payment - FHA loans allow for a down payment as low as 3.5%, making homeownership more accessible.

2. Flexible Credit Requirements - FHA loans are more forgiving of past credit issues, allowing more people to qualify for a mortgage.

3. Down Payment Assistance Programs - Assistance programs in Oglesby, Texas can help cover upfront costs for eligible buyers.

Demographics

Oglesby, Texas, has a population of approximately XXXX residents. The area is known for its diverse community with a mix of age groups and backgrounds, creating a vibrant and welcoming environment.

Housing Market

The housing market in Oglesby offers a variety of home options, from cozy bungalows to spacious family houses. The market is stable, with moderate prices and a range of choices to suit different preferences and budgets.

Main Attractions

Oglesby is home to scenic parks and outdoor recreational areas, perfect for nature lovers and outdoor enthusiasts. The town also boasts charming local shops, restaurants, and community events that showcase its unique character.

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