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 Rye, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rye, TX provides a financial boost to eligible homebuyers in Rye, 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 Rye, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rye, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rye, 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 Rye, 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 Rye, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rye, 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 Rye, 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 Rye, 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 Rye, Texas is that it allows first-time homebuyers to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographically, Rye, Texas is a vibrant community with a mix of young professionals and families. The median age is around 35 years old, and the population is diverse, creating a rich cultural tapestry in the area. In terms of the housing market, Rye offers a range of options from cozy single-family homes to spacious acreages. The market is stable with competitive pricing, making it an attractive location for both buyers and investors. Some main attractions in Rye include the beautiful Lone Star Hiking Trail, which offers stunning views of the natural surroundings, as well as local eateries that showcase the unique flavors of Texas cuisine.
Benefits of FHA Down Payment Assistance Home Loan in Rye, Texas
