Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Rowena, TX

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 Rowena, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Rowena, TX?

Our Down Payment Assistance program in Rowena, TX provides a financial boost to eligible homebuyers in Rowena, 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.

Forgivable grant for FHA loans in Rowena, TX

Key Features of Our FHA Down Payment Assistance in Rowena, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Rowena, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Rowena, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Rowena, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Rowena, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Rowena, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Rowena, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Rowena, 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.

First-time homebuyer FHA assistance in Rowena, TX
Start Your Journey Today

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 Rowena, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

Benefits of FHA Down Payment Assistance Home Loan in Rowena, Texas

FHA Down Payment Assistance Home Loan in Rowena, Texas offers several advantages such as lower down payment requirements, competitive interest rates, and flexible qualification criteria, making home ownership more achievable for individuals with limited savings.

The demographics of Rowena, Texas include a small population size with a close-knit community feel. The town boasts a mix of residents ranging from young families to retirees, creating a diverse and welcoming environment.

When it comes to the housing market in Rowena, Texas, there is a range of options available including single-family homes, townhouses, and apartments. The market is known for being stable with steady appreciation rates, making it a desirable location for potential homebuyers.

Main attractions in Rowena, Texas include its picturesque downtown area, historical landmarks, and outdoor recreational activities such as hiking trails and parks. Residents can enjoy a peaceful and scenic environment while still having access to essential amenities.

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