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 Ore City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ore City, TX provides a financial boost to eligible homebuyers in Ore City, 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 Ore City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ore City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ore City, 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 Ore City, 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 Ore City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ore City, 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 Ore City, 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 Ore City, 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 in Ore City, Texas provide first-time homebuyers with opportunities to purchase homes with lower down payments. This assists in making homeownership more accessible and affordable for those with limited savings. Ore City, Texas, with a population of approximately XXXX, boasts a diverse demographic profile with a mix of young professionals, families, and retirees. The town offers a close-knit community feel with access to quality schools and healthcare facilities. The housing market in Ore City is characterized by a range of affordable single-family homes and charming properties. With the assistance of FHA loans, more individuals can fulfill their dream of owning a home in this picturesque town, experiencing stability and equity growth. Main attractions in Ore City include the beautiful Lake O' the Pines, ideal for outdoor enthusiasts seeking recreational activities such as fishing and boating. The town also features quaint local shops, restaurants, and parks, making it a desirable place to live for nature lovers and families.
Benefits of FHA Down Payment Assistance Home Loan in Ore City, Texas