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 Rockwood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rockwood, TX provides a financial boost to eligible homebuyers in Rockwood, 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 Rockwood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rockwood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rockwood, 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 Rockwood, 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 Rockwood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rockwood, 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 Rockwood, 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 Rockwood, 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 Rockwood, Texas offers several benefits such as low down payment requirements, competitive interest rates, and easier qualification criteria. This program helps individuals and families achieve their dream of homeownership by providing financial assistance towards the down payment. Rockwood, Texas, a small town with a population of approximately 500 residents, offers a tight-knit community feel. The demographics include a mix of families, young professionals, and retirees. The town boasts a low crime rate, good schools, and a peaceful atmosphere, making it an ideal place to raise a family. The housing market in Rockwood, Texas, is stable with a balanced mix of single-family homes, apartments, and townhouses. The median home price is affordable, making it an attractive option for first-time homebuyers. With the assistance of FHA loans, buyers have access to affordable financing options, making homeownership more achievable. Main attractions in Rockwood include the beautiful Rockwood Park, known for its scenic trails and picnic areas, perfect for outdoor enthusiasts. The town also hosts annual events like the Rockwood Rodeo and the Harvest Festival, bringing the community together for fun and entertainment.
Benefits of FHA Down Payment Assistance Home Loan in Rockwood, Texas
