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 Roma, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Roma, TX provides a financial boost to eligible homebuyers in Roma, 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 Roma, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Roma, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Roma, 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 Roma, 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 Roma, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Roma, 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 Roma, 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 Roma, 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 Roma, Texas offers numerous benefits to prospective homebuyers. This program helps individuals achieve homeownership by requiring a lower down payment compared to conventional loans, making it more accessible for first-time buyers and those with lower incomes. Furthermore, FHA loans have competitive interest rates and more lenient qualification requirements, including lower credit score thresholds. This makes it an attractive option for borrowers looking to secure financing for their home purchase while keeping costs manageable. Another advantage of the FHA program is that it allows for financial gifts and assistance from family members or other sources to be used towards the down payment, making it easier for individuals to gather the required funds to buy a home.
Benefits of FHA Down Payment Assistance Home Loan
