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 Pottsboro, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pottsboro, TX provides a financial boost to eligible homebuyers in Pottsboro, 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 Pottsboro, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pottsboro, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pottsboro, 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 Pottsboro, 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 Pottsboro, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pottsboro, 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 Pottsboro, 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 Pottsboro, 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 an FHA Down Payment Assistance Home Loan in Pottsboro, Texas is the opportunity it provides for individuals and families to achieve homeownership with a lower upfront financial burden. This program offers assistance with the down payment, making it easier for first-time buyers and those with limited savings to purchase a home. Demographically, Pottsboro, Texas is a diverse community with a growing population attracted to its small-town charm and proximity to major urban centers like Dallas. The median age in Pottsboro is 47 years, and the median household income is around $60,000. The area is known for its excellent schools and family-friendly environment. In terms of the housing market, Pottsboro offers a range of options from cozy single-family homes to spacious estates. The median home value in Pottsboro is currently around $250,000, making it an attractive location for both young professionals and retirees. With the assistance of an FHA Down Payment Assistance Home Loan, prospective buyers have more flexibility and can explore various properties in the area. Pottsboro is home to many attractions, including the beautiful Lake Texoma which offers a variety of outdoor recreational activities such as boating, fishing, and camping. The Hagerman National Wildlife Refuge is another popular destination for nature lovers, showcasing diverse wildlife and birdwatching opportunities. Additionally, the charming downtown area boasts local shops, restaurants, and community events.
FHA Down Payment Assistance Home Loan Benefits in Pottsboro, Texas
