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 Putnam, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Putnam, TX provides a financial boost to eligible homebuyers in Putnam, 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 Putnam, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Putnam, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Putnam, 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 Putnam, 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 Putnam, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Putnam, 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 Putnam, 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 Putnam, 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.
Benefits of FHA Down Payment Assistance Home Loans: FHA loans offer low down payment options, making homeownership more accessible. The assistance programs help buyers who may not have enough saved for a traditional down payment. Demographics of Putnam, Texas: Putnam is a small town with a close-knit community. The population is diverse, with a mix of families, retirees, and young professionals. The town has a strong sense of pride and community spirit. Housing Market in Putnam: Putnam offers a range of housing options, from historic homes to modern developments. The market is stable, with affordable prices compared to nearby cities. The town is experiencing growth, making it a promising investment opportunity. Main Attractions in Putnam: Putnam is known for its natural beauty, with parks, lakes, and outdoor recreational activities. The town also has a rich history, reflected in its historic sites and museums. Residents enjoy a laid-back lifestyle with access to urban amenities.
FHA Down Payment Assistance Home Loans in Putnam, Texas
