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 Rotan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rotan, TX provides a financial boost to eligible homebuyers in Rotan, 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 Rotan, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rotan, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rotan, 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 Rotan, 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 Rotan, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rotan, 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 Rotan, 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 Rotan, 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.
One of the key benefits of an FHA down payment assistance home loan in Rotan, Texas is the lower down payment requirement. This can make homeownership more accessible and affordable for first-time buyers or those with limited savings. Additionally, FHA loans often have more flexible credit requirements compared to conventional loans, allowing more individuals to qualify for financing. Demographics in Rotan, Texas show a diverse community consisting of families, young professionals, and retirees. The town has a population of around 1,400 residents, offering a close-knit and friendly atmosphere. The cost of living is reasonable, making it an attractive option for those looking to settle down in a tight-knit community. The housing market in Rotan, Texas offers a mix of historic homes and newer developments. With the assistance of FHA loans, buyers can access a variety of properties that suit their needs and preferences. The real estate market in Rotan is stable, providing a favorable environment for both buyers and sellers. Rotan, Texas boasts several main attractions, including the Historic Train Depot Museum and the beautiful City Park. The town is also known for its vibrant local shops and restaurants, offering residents a charming and diverse downtown area to explore.
Benefits of FHA Down Payment Assistance Home Loan in Rotan, Texas
