Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Pecan Gap, TX

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 Pecan Gap, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Pecan Gap, TX?

Our Down Payment Assistance program in Pecan Gap, TX provides a financial boost to eligible homebuyers in Pecan Gap, 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.

Forgivable grant for FHA loans in Pecan Gap, TX

Key Features of Our FHA Down Payment Assistance in Pecan Gap, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Pecan Gap, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Pecan Gap, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Pecan Gap, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Pecan Gap, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Pecan Gap, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Pecan Gap, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Pecan Gap, 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.

First-time homebuyer FHA assistance in Pecan Gap, TX
Start Your Journey Today

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 Pecan Gap, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Pecan Gap, Texas

Benefits: The FHA Down Payment Assistance program in Pecan Gap, Texas, offers a range of benefits to homebuyers, including lower down payment requirements, competitive interest rates, and the ability to qualify with less-than-perfect credit scores.

Demographics: Pecan Gap, Texas, is a small town with a population of around 200 residents. The community is close-knit, with a mix of families and retirees. The town is known for its peaceful atmosphere and friendly residents.

Housing Market: The housing market in Pecan Gap, Texas, offers a range of options for homebuyers, from historic houses to newer construction. The average home price in the area is affordable, making it an attractive option for first-time buyers and those looking to downsize.

Main Attractions: Pecan Gap, Texas, is known for its scenic beauty, with lush greenery and charming downtown area. The town is also close to outdoor recreational opportunities, including fishing and hiking spots, making it an ideal place for nature lovers.

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