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 Peggy, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Peggy, TX provides a financial boost to eligible homebuyers in Peggy, 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 Peggy, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Peggy, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Peggy, 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 Peggy, 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 Peggy, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Peggy, 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 Peggy, 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 Peggy, 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.
One of the primary benefits of an FHA Down Payment Assistance Home Loan in Peggy, Texas is the reduced down payment requirement. Borrowers can qualify for a loan with a down payment as low as 3.5%, making homeownership more accessible. Additionally, these loans often have lower credit score requirements compared to conventional loans, making it easier for individuals with less-than-perfect credit to qualify for a mortgage and purchase a home. Furthermore, FHA loans offer competitive interest rates, potentially saving borrowers money over the life of the loan compared to other financing options. Demographics Peggy, Texas, is a small and tight-knit community with a population of approximately [insert demographic data here]. The town has a diverse population, including [mention any notable demographics or communities present in Peggy]. Housing Market The housing market in Peggy, Texas, offers a variety of options for potential homebuyers, ranging from cozy single-family homes to spacious ranch-style properties. The market is [describe the current housing market conditions, such as availability of homes, pricing trends, and demand]. Main Attractions While Peggy may be a small town, it boasts several attractions that draw visitors and residents alike. From [mention some main attractions, such as parks, historical sites, local events, or recreational opportunities], there is something for everyone to enjoy in Peggy.
Benefits of FHA Down Payment Assistance Home Loan in Peggy, Texas
