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 Prairie Hill, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Prairie Hill, TX provides a financial boost to eligible homebuyers in Prairie Hill, 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 Prairie Hill, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Prairie Hill, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Prairie Hill, 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 Prairie Hill, 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 Prairie Hill, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Prairie Hill, 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 Prairie Hill, 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 Prairie Hill, 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.
FHA down payment assistance home loans provide qualified buyers in Prairie Hill, Texas with lower down payment requirements, making homeownership more accessible. This can help individuals and families achieve their dream of owning a home without needing a large upfront payment. Demographics in Prairie Hill, Texas show a diverse community with a mix of families, young professionals, and retirees. The town has a strong sense of community and a variety of local amenities, making it an attractive place to live for people of all ages. The housing market in Prairie Hill, Texas offers a range of options for buyers, from cozy single-family homes to spacious ranch-style properties. With the support of FHA down payment assistance programs, more people can take advantage of the affordable housing options in the area and become homeowners. Main attractions in Prairie Hill, Texas include beautiful parks, historic landmarks, and charming local shops and restaurants. Residents can enjoy a peaceful small-town atmosphere while still being close to the amenities of larger cities like Waco.
Benefits of FHA Down Payment Assistance Home Loan in Prairie Hill, Texas
