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 Rusk, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rusk, TX provides a financial boost to eligible homebuyers in Rusk, 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 Rusk, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rusk, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rusk, 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 Rusk, 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 Rusk, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rusk, 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 Rusk, 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 Rusk, 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.
Rusk, Texas offers residents the opportunity to access FHA Down Payment Assistance Home Loans, providing financial support to first-time homebuyers and those with limited incomes. This assistance can significantly reduce the initial down payment required, making homeownership more achievable. Demographically, Rusk is a diverse community with a population that values homeownership and community involvement. The city has a strong sense of community and offers various amenities and services to support its residents. The housing market in Rusk, Texas is vibrant, with a mix of historic homes and modern developments. The availability of FHA Down Payment Assistance Home Loans has further stimulated the market, increasing homeownership rates and boosting property values. Main Attractions in Rusk, Texas:
Benefits of FHA Down Payment Assistance Home Loan in Rusk, Texas
