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 Rhome, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rhome, TX provides a financial boost to eligible homebuyers in Rhome, 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 Rhome, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rhome, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rhome, 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 Rhome, 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 Rhome, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rhome, 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 Rhome, 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 Rhome, 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 Rhome, Texas provides an affordable way for individuals and families to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics in Rhome, Texas includes a diverse population with a mix of age groups, a growing number of young families attracted to the area for its affordable housing options and a strong sense of community. The housing market in Rhome, Texas is currently stable with a range of housing options available, from single-family homes to townhouses, catering to different preferences and budgets. Some main attractions in Rhome, Texas include its picturesque countryside setting, close proximity to outdoor recreational areas like parks and trails, and a welcoming small-town atmosphere that fosters a sense of belonging and community.
Benefits of FHA Down Payment Assistance Home Loan in Rhome, Texas
