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 Quinlan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Quinlan, TX provides a financial boost to eligible homebuyers in Quinlan, 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 Quinlan, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Quinlan, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Quinlan, 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 Quinlan, 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 Quinlan, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Quinlan, 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 Quinlan, 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 Quinlan, 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.
Under the FHA Down Payment Assistance Home Loan program in Quinlan, Texas, qualified homebuyers can benefit from lower down payment requirements, making homeownership more accessible. This assistance helps individuals with limited savings to achieve their dream of owning a home. Quinlan, Texas, is a charming rural community with a diverse population. The demographics of Quinlan include a mix of young families, retirees, and professionals, creating a vibrant and welcoming environment. The town is known for its strong community spirit and tight-knit neighborhoods. The housing market in Quinlan offers a range of affordable options for first-time homebuyers. With the assistance of FHA loans, residents can find quality homes at competitive prices. The market is stable, providing opportunities for investment and growth in real estate. Quinlan, Texas, is surrounded by natural beauty, with attractions such as Lake Tawakoni State Park offering outdoor recreational activities like fishing, boating, and hiking. The town's historic downtown area features local shops, restaurants, and community events, providing residents with a lively and engaging lifestyle.
FHA Down Payment Assistance Home Loan Benefits in Quinlan, Texas
