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 Purdon, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Purdon, TX provides a financial boost to eligible homebuyers in Purdon, 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 Purdon, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Purdon, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Purdon, 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 Purdon, 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 Purdon, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Purdon, 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 Purdon, 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 Purdon, 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 Loan in Purdon, Texas offers numerous benefits to potential homebuyers. One of the key advantages is the lower down payment requirement, which can help individuals with limited savings to achieve their dream of homeownership. Additionally, these loans often come with competitive interest rates, making them an attractive option for buyers looking to secure affordable financing. The FHA also provides flexibility in terms of credit requirements, enabling individuals with less-than-perfect credit scores to qualify for a loan. Furthermore, FHA loans in Purdon, Texas can be used to finance the purchase of various types of properties, including single-family homes, multi-unit properties, and even some condos, providing buyers with a range of options to suit their needs. Demographics Purdon, Texas, is a vibrant community with a diverse population. The area boasts a mix of young professionals, families, and retirees, creating a welcoming and inclusive environment for residents of all ages. Housing Market The housing market in Purdon, Texas, is robust, with a variety of housing options available to suit different budgets and preferences. The city offers a mix of newly constructed homes and historic properties, providing buyers with a range of choices. Main Attractions Some of the main attractions in Purdon, Texas, include its beautiful parks, recreational facilities, and local restaurants. Residents can enjoy outdoor activities such as hiking, biking, and picnicking, making it an ideal place to call home for nature enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Purdon, Texas
