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 Rice, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rice, TX provides a financial boost to eligible homebuyers in Rice, 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 Rice, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rice, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rice, 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 Rice, 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 Rice, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rice, 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 Rice, 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 Rice, 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.
Benefits of FHA Down Payment Assistance Home Loan: An FHA loan in Rice, Texas offers low down payment requirements, flexible qualification criteria, and competitive interest rates, making homeownership more accessible. Demographics: Rice, Texas, is a small town with a population of around 800 residents. The community is close-knit, with a mix of families and retirees, enjoying a peaceful and rural lifestyle. Housing Market: The housing market in Rice, Texas, is stable with a mix of older homes and new constructions. The median home price is affordable, making it an attractive option for first-time buyers or those looking to downsize. Main Attractions: Some main attractions in Rice include the historic downtown area, local parks, and proximity to recreational areas like Richland Chambers Reservoir for fishing and boating activities.
FHA Down Payment Assistance Home Loan in Rice, Texas
