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 Ross, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ross, TX provides a financial boost to eligible homebuyers in Ross, 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 Ross, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ross, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ross, 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 Ross, 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 Ross, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ross, 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 Ross, 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 Ross, 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 Ross, Texas offer borrowers the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. These loans are insured by the Federal Housing Administration, providing lenders with more security, which translates to lower interest rates for borrowers. Demographics in Ross, Texas, show a close-knit community with a population that values homeownership and community involvement. The median household income is above the national average, indicating a stable economic environment conducive to homeownership. The housing market in Ross, Texas, is booming with a variety of properties available to suit different preferences and budgets. The average home value has been steadily increasing, making it a great investment opportunity for potential buyers. Main attractions in Ross, Texas, include the beautiful parks and recreational areas that offer residents and visitors opportunities for outdoor activities. The local dining scene is vibrant, featuring a mix of cuisines to cater to diverse tastes.
Benefits of FHA Down Payment Assistance Home Loan in Ross, Texas
