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 Palestine, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Palestine, TX provides a financial boost to eligible homebuyers in Palestine, 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 Palestine, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Palestine, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Palestine, 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 Palestine, 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 Palestine, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Palestine, 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 Palestine, 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 Palestine, 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: FHA loans typically require a lower down payment, making homeownership more accessible to first-time buyers. 2. Flexible Credit Requirements: FHA loans are more lenient when it comes to credit scores, allowing buyers with less than perfect credit to qualify. 3. Assistance Programs: FHA loans offer down payment assistance programs that help buyers cover upfront costs, making it easier to purchase a home. Demographics of Palestine, Texas Palestine, Texas, has a diverse population with a mix of ethnicities and age groups. The city is known for its friendly community and welcoming atmosphere. Housing Market in Palestine, Texas The housing market in Palestine, Texas, offers a range of options from historic homes to modern developments. The market is stable, with affordable prices making it an attractive location for homebuyers. Main Attractions in Palestine, Texas Some main attractions in Palestine, Texas, include the Texas State Railroad, Davey Dogwood Park, and the Museum for East Texas Culture, offering residents and visitors a variety of activities and cultural experiences.
Benefits of FHA Down Payment Assistance Home Loan in Palestine, Texas
