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 Reagan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Reagan, TX provides a financial boost to eligible homebuyers in Reagan, 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 Reagan, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Reagan, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Reagan, 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 Reagan, 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 Reagan, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Reagan, 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 Reagan, 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 Reagan, 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 provide eligible homebuyers in Reagan, Texas, with the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics show that Reagan, Texas, has a diverse population with a mix of families, young professionals, and retirees. The community is known for its friendly atmosphere and strong sense of community. The housing market in Reagan, Texas, is competitive yet offers a range of affordable options for homebuyers. The availability of FHA Down Payment Assistance programs makes it easier for first-time buyers to enter the market and invest in their future. Some main attractions in Reagan, Texas, include beautiful parks, scenic hiking trails, and local events that showcase the area's rich history and culture. Residents enjoy a peaceful rural setting while still having access to urban amenities.
FHA Down Payment Assistance Home Loan Benefits in Reagan, Texas
