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 Onalaska, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Onalaska, TX provides a financial boost to eligible homebuyers in Onalaska, 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 Onalaska, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Onalaska, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Onalaska, 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 Onalaska, 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 Onalaska, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Onalaska, 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 Onalaska, 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 Onalaska, 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 Loan in Onalaska, Texas provides several benefits. This program offers lower down payment requirements, making homeownership more accessible to individuals with limited savings. Additionally, it allows for lower credit score requirements, making it easier for first-time homebuyers to qualify for a loan. Onalaska, Texas, a small town in Polk County, has a population of approximately 2,000 residents. The demographic makeup includes a mix of families, retirees, and young professionals. The town offers a close-knit community feel and a slower pace of life compared to larger cities. The housing market in Onalaska, Texas, provides a range of options for homebuyers. From cozy single-family homes to spacious ranch-style properties, there is something for everyone. The market is relatively stable, with affordable pricing compared to nearby urban areas, making it an attractive location for those looking to invest in real estate. Onalaska boasts several main attractions, including Lake Livingston, a popular spot for fishing and water activities. The town also features parks, golf courses, and local eateries, providing ample opportunities for recreation and relaxation. Additionally, the nearby national forests offer hiking trails and camping sites for outdoor enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Onalaska, Texas
