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 Raywood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Raywood, TX provides a financial boost to eligible homebuyers in Raywood, 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 Raywood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Raywood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Raywood, 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 Raywood, 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 Raywood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Raywood, 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 Raywood, 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 Raywood, 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 Loans offer low down payment options, making homeownership more accessible to individuals in Raywood, Texas. This program allows for down payments as low as 3.5% of the purchase price, helping first-time homebuyers secure a home without the burden of a large upfront payment. Demographics in Raywood, Texas, show a diverse community with a mix of residents from various backgrounds. The population is known for its friendly and welcoming atmosphere, creating a tight-knit neighborhood where families and individuals can thrive. The housing market in Raywood, Texas, offers a range of options for homebuyers, from cozy single-family homes to spacious properties. With the help of FHA Down Payment Assistance Home Loans, individuals can explore these housing options with greater ease and flexibility. Raywood, Texas, boasts a variety of attractions, including scenic parks, local restaurants serving delicious cuisine, and vibrant community events. Residents can enjoy the charm of small-town living while still having access to the amenities of nearby cities.
Benefits of FHA Down Payment Assistance Home Loan