Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Petty, 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 Petty, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Petty, TX?

Our Down Payment Assistance program in Petty, TX provides a financial boost to eligible homebuyers in Petty, 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 Petty, TX

Key Features of Our FHA Down Payment Assistance in Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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 Petty, 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.

Benefits of FHA Down Payment Assistance Home Loan in Petty, Texas

FHA down payment assistance home loans are a great option for homebuyers in Petty, Texas, offering low down payment requirements, making homeownership more accessible.

Demographically, Petty, Texas, is a small town with a population of around 1500 residents. The community is close-knit, offering a peaceful and friendly environment for families and individuals.

The housing market in Petty is diverse, with a mix of historical homes and modern subdivisions. The availability of FHA loans has made buying a home more achievable for residents, leading to a steady increase in property investments.

Main attractions in Petty include the Petty Town Park, known for its scenic views and recreational activities, and the historic Petty Museum, preserving the town's heritage and culture.

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