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 Plum, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Plum, TX provides a financial boost to eligible homebuyers in Plum, 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 Plum, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Plum, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Plum, 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 Plum, 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 Plum, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Plum, 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 Plum, 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 Plum, 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 key benefits of a FHA Down Payment Assistance Home Loan in Plum, Texas is the lower down payment requirement, making homeownership more accessible to individuals and families. This program also offers competitive interest rates, helping borrowers save money over the life of the loan. Demographically, Plum, Texas is a diverse community with a mix of young families, professionals, and retirees. The town has a close-knit feel and offers a range of amenities including parks, local shops, and community events, making it an attractive place to live for people of all ages. In terms of the housing market, Plum, Texas offers a variety of options including single-family homes, townhouses, and condos. With the help of FHA Down Payment Assistance, buyers can find affordable housing options that suit their needs and budget. The market is stable with steady appreciation rates, making it a solid investment for homeowners. Main attractions in Plum, Texas include its scenic parks, hiking trails, and proximity to recreational areas like lakes and rivers. Residents enjoy a quality lifestyle with access to outdoor activities, cultural events, and a strong sense of community.
FHA Down Payment Assistance Home Loan Benefits in Plum, Texas
