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 Pendleton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pendleton, TX provides a financial boost to eligible homebuyers in Pendleton, 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 Pendleton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pendleton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pendleton, 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 Pendleton, 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 Pendleton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pendleton, 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 Pendleton, 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 Pendleton, 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.
Benefits of FHA Down Payment Assistance Home Loan: An FHA loan offers a low down payment requirement, making homeownership more accessible. The down payment assistance program further helps individuals who may struggle with upfront costs, enabling them to buy a home with minimal savings. Additionally, FHA loans have competitive interest rates, making them an attractive option for first-time homebuyers. Demographics: Pendleton, Texas, is a small town with a close-knit community. The population consists of primarily middle-class families, and the area is known for its friendly atmosphere and strong sense of community. Residents enjoy a peaceful and safe environment, perfect for raising a family. Housing Market: The housing market in Pendleton offers a mix of single-family homes and apartments. With the assistance of FHA loans, potential buyers can find affordable housing options that suit their needs. The market is stable, with a steady demand for homes, making it a favorable environment for both buyers and sellers. Main Attractions: Pendleton boasts scenic parks and outdoor recreational activities, making it a haven for nature lovers. The town also has quaint shops, local eateries, and cultural attractions that showcase its rich history. Residents can enjoy a relaxed lifestyle while being in close proximity to larger cities for additional amenities.
FHA Down Payment Assistance Home Loan in Pendleton, Texas
