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 Royse City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Royse City, TX provides a financial boost to eligible homebuyers in Royse City, 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 Royse City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Royse City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Royse City, 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 Royse City, 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 Royse City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Royse City, 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 Royse City, 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 Royse City, 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 Royse City, Texas offer numerous benefits to homebuyers. These loans provide a lower down payment requirement, making home ownership more accessible to a wider range of individuals and families. Additionally, FHA loans often have lower credit score requirements, enabling more people to qualify for financing. Demographics: Royse City, Texas, is a growing community located in Rockwall County with a population of around 14,000 residents. The area is known for its family-friendly atmosphere, excellent schools, and strong sense of community. The median household income in Royse City is above the national average, making it an attractive location for homebuyers. Housing Market: The housing market in Royse City, Texas, is currently thriving, with a mix of new developments and established neighborhoods. Home prices are on the rise, but still remain relatively affordable compared to nearby urban areas. The availability of FHA Down Payment Assistance Home Loans makes purchasing a home in Royse City more feasible for first-time buyers and those with limited financial resources. Main Attractions: Royse City offers a variety of attractions for residents and visitors alike, including scenic parks, local restaurants, and cultural events. The city's historic downtown area is a hub of activity, with charming shops and eateries. Royse City is also conveniently located near Lake Ray Hubbard, providing opportunities for outdoor recreation and leisure.
Benefits of FHA Down Payment Assistance Home Loan in Royse City, Texas
