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 Rochester, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rochester, TX provides a financial boost to eligible homebuyers in Rochester, 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 Rochester, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rochester, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rochester, 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 Rochester, 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 Rochester, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rochester, 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 Rochester, 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 Rochester, 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 in Rochester, Texas provide a great opportunity for first-time homebuyers to achieve homeownership with a lower down payment requirement, making it more accessible for low to moderate-income families. Demographics of Rochester, Texas show a population of approximately X, with a median household income of $Y. The town has a diverse community with a strong sense of unity and pride, making it an ideal place to raise a family and establish roots. The housing market in Rochester, Texas, offers a range of affordable housing options, from charming single-family homes to modern apartments. The market is stable with steady appreciation rates, making it a favorable environment for real estate investment. Main attractions in Rochester include Z Park, known for its scenic beauty and recreational facilities, as well as historic landmarks such as the Rochester Museum. Residents can enjoy a peaceful small-town vibe while still having access to urban amenities.
Benefits of FHA Down Payment Assistance Home Loan in Rochester, Texas
