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 Rock Island, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rock Island, TX provides a financial boost to eligible homebuyers in Rock Island, 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 Rock Island, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rock Island, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rock Island, 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 Rock Island, 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 Rock Island, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rock Island, 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 Rock Island, 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 Rock Island, 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 Rock Island, Texas offer numerous benefits to homebuyers. One of the key advantages is the lower down payment requirement, making homeownership more accessible to individuals who may not have a large sum of money saved up. Additionally, these loans often come with competitive interest rates, helping to keep monthly mortgage payments affordable. Rock Island, Texas, is a diverse community with a mix of residents from different age groups and backgrounds. The town has a growing population that includes young families, professionals, and retirees, creating a vibrant and welcoming atmosphere. With its convenient location and attractive housing options, Rock Island is an ideal place for individuals looking to settle down. The housing market in Rock Island, Texas, is characterized by a range of properties, from cozy single-family homes to spacious estates. The market is competitive yet balanced, offering opportunities for both buyers and sellers. With the assistance of FHA loans, potential homebuyers can navigate the market more easily and find their dream homes without breaking the bank. In addition to its housing market, Rock Island boasts a variety of attractions that cater to residents and visitors alike. From charming local eateries to scenic parks and outdoor recreational areas, the town offers something for everyone. Residents can enjoy a mix of small-town charm and modern conveniences in Rock Island, making it a desirable place to call home.
FHA Down Payment Assistance Home Loan in Rock Island, Texas
