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 Ranger, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ranger, TX provides a financial boost to eligible homebuyers in Ranger, 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 Ranger, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ranger, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ranger, 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 Ranger, 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 Ranger, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ranger, 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 Ranger, 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 Ranger, 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.
1. Affordability: FHA loans provide opportunities for homebuyers with lower credit scores and income levels to secure a mortgage with a low down payment. 2. Assistance Programs: Ranger, Texas offers various down payment assistance programs that can help cover the upfront costs, making homeownership more accessible. 3. Stable Interest Rates: FHA loans typically have lower interest rates compared to conventional mortgages, providing long-term cost savings for homeowners in Ranger. Demographics: Ranger, Texas, has a population of approximately 2,500 residents with a median age of 38 years. The town boasts a diverse community with a mix of families, young professionals, and retirees. Housing Market: The housing market in Ranger offers a range of options from historic single-family homes to modern condos. The median home value is $85,000, making it an affordable choice for first-time buyers. Main Attractions: Ranger is known for its outdoor recreational activities, including hiking trails, fishing spots, and parks. The town also features historical sites such as the Old Bankhead Highway and the Roaring Ranger Oil Boom Museum.
Benefits of FHA Down Payment Assistance Home Loan in Ranger, Texas
