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 Roosevelt, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Roosevelt, TX provides a financial boost to eligible homebuyers in Roosevelt, 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 Roosevelt, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Roosevelt, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Roosevelt, 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 Roosevelt, 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 Roosevelt, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Roosevelt, 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 Roosevelt, 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 Roosevelt, 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 offer several benefits to homebuyers in Roosevelt, Texas. Firstly, these loans require a lower down payment, making home ownership more accessible. This can be especially helpful for first-time buyers or those with limited funds. Additionally, FHA loans often have lower interest rates compared to conventional loans, resulting in more affordable monthly payments for homeowners. Demographically, Roosevelt, Texas, is a diverse community with a mix of families, young professionals, and retirees. The area offers a suburban feel with access to various amenities such as parks, schools, and shopping centers. The population is known for its friendliness and community spirit, making it an attractive place to settle down. In terms of the housing market, Roosevelt offers a range of options from single-family homes to apartments. The market is relatively stable, with moderate appreciation rates, making it a suitable location for both investment and long-term residency. With the assistance of FHA loans, prospective buyers can navigate the market more comfortably and find their dream home in Roosevelt. Main attractions in Roosevelt include the local parks, historical sites, and cultural events. Residents can enjoy outdoor activities such as hiking and biking in the scenic surroundings. The town also hosts festivals and markets that showcase the local talent and vibrant community spirit.
Benefits of FHA Down Payment Assistance Home Loan in Roosevelt, Texas
