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 Ralls, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ralls, TX provides a financial boost to eligible homebuyers in Ralls, 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 Ralls, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ralls, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ralls, 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 Ralls, 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 Ralls, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ralls, 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 Ralls, 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 Ralls, 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 Ralls, Texas offers numerous benefits such as lower down payment requirements, flexible qualification criteria, and competitive interest rates. This program enables more individuals and families to achieve homeownership, especially first-time buyers who may struggle with upfront costs. Ralls, Texas, located in Crosby County, has a population that reflects a close-knit community. With a mix of age groups, the town exudes a friendly, welcoming atmosphere. The area's demographics include a blend of young families, retirees, and professionals, creating a diverse yet unified neighborhood. The housing market in Ralls, Texas, presents a range of affordable options for potential homeowners. With the FHA Down Payment Assistance program, buyers can access various properties, from cozy single-family homes to spacious estates. The market in Ralls is stable, offering a chance for long-term investment and growth. While in Ralls, visitors and residents alike can explore the town's main attractions, such as the historic Caprock Winery, showcasing the region's winemaking heritage. The local Ralls Museum provides insight into the town's history, while outdoor enthusiasts can enjoy hiking and wildlife spotting at the beautiful White River Lake.
Benefits of FHA Down Payment Assistance Home Loan in Ralls, Texas
