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 Old Glory, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Old Glory, TX provides a financial boost to eligible homebuyers in Old Glory, 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 Old Glory, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Old Glory, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Old Glory, 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 Old Glory, 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 Old Glory, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Old Glory, 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 Old Glory, 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 Old Glory, 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.
1. Low Down Payment: With an FHA loan, you can put down as little as 3.5% of the home's purchase price, making homeownership more accessible. 2. Flexible Qualification Criteria: FHA loans have less stringent credit score requirements compared to conventional loans, allowing more people to qualify. 3. Down Payment Assistance Programs: Old Glory, Texas may offer additional assistance programs to further help with down payment and closing costs. Demographics Old Glory, Texas, is a small town with a population of approximately 100 residents. The community is close-knit, with a mix of families and retirees. Housing Market The housing market in Old Glory offers a range of options from historic homes to modern builds. Prices are affordable, with the median home value around $100,000. Main Attractions Old Glory is known for its scenic countryside, perfect for outdoor activities like hiking and fishing. The town also hosts annual events like the Old Glory Rodeo, attracting visitors from nearby areas.
Benefits of FHA Down Payment Assistance Home Loan in Old Glory, Texas
