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 Roscoe, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Roscoe, TX provides a financial boost to eligible homebuyers in Roscoe, 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 Roscoe, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Roscoe, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Roscoe, 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 Roscoe, 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 Roscoe, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Roscoe, 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 Roscoe, 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 Roscoe, 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 significant benefits to first-time homebuyers in Roscoe, Texas. These loans require a lower down payment compared to conventional loans, making homeownership more accessible. Demographics in Roscoe show a growing population of young professionals and families attracted to the area's affordable housing options and strong community spirit. The median age in Roscoe is 36 years old, and the median household income is above the national average. The housing market in Roscoe offers a mix of historic homes and new developments. With the assistance of FHA loans, buyers can take advantage of low-interest rates and flexible credit requirements to purchase their dream home in this charming Texan town. Some main attractions in Roscoe include the iconic Pioneer Drive-In Theater, the Roscoe Antique Mall, and the picturesque Roscoe Downtown Historic District. Residents can enjoy a range of outdoor activities, local festivals, and a close-knit community vibe.
Benefits of FHA Down Payment Assistance Home Loan in Roscoe, Texas
