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 Overton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Overton, TX provides a financial boost to eligible homebuyers in Overton, 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 Overton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Overton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Overton, 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 Overton, 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 Overton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Overton, 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 Overton, 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 Overton, 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 Overton, Texas offer several benefits to prospective homebuyers. These loans require lower down payments compared to conventional loans, making home ownership more accessible. Additionally, FHA loans often have more flexible credit requirements, making them a viable option for individuals with less than perfect credit scores. Overton, Texas, a small yet vibrant city, boasts a diverse population with a strong sense of community. The demographics include a mix of young families, professionals, and retirees, creating a dynamic and welcoming environment for residents. The housing market in Overton is competitive yet affordable, with a range of housing options to suit different preferences and budgets. The median home price is reasonable, making it an attractive location for first-time homebuyers or those looking to invest in the real estate market. Some main attractions in Overton include the City Lake Park, known for its scenic beauty and recreational activities, and the Overton Community Center, which hosts various events and programs for residents of all ages. Additionally, the city's historic downtown area offers charming shops, restaurants, and cultural experiences for visitors and locals alike.
Benefits of FHA Down Payment Assistance Home Loan in Overton, Texas
