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 Panhandle, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Panhandle, TX provides a financial boost to eligible homebuyers in Panhandle, 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 Panhandle, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Panhandle, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Panhandle, 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 Panhandle, 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 Panhandle, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Panhandle, 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 Panhandle, 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 Panhandle, 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.
In Panhandle, Texas, an FHA Down Payment Assistance Home Loan provides numerous benefits for prospective homebuyers. This program allows individuals to purchase a home with a lower down payment, making homeownership more achievable. Furthermore, FHA loans offer competitive interest rates, making them an attractive option for first-time homebuyers or those with less-than-perfect credit scores. This assistance can help individuals secure their dream home in Panhandle, Texas, without the burden of a large upfront payment. Additionally, FHA loans provide flexibility in terms of qualification criteria, making it easier for a wider range of individuals to qualify for a mortgage and achieve their goal of homeownership in Panhandle, Texas.
Benefits of FHA Down Payment Assistance Home Loan in Panhandle, Texas
