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 Sam Norwood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sam Norwood, TX provides a financial boost to eligible homebuyers in Sam Norwood, 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 Sam Norwood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sam Norwood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sam Norwood, 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 Sam Norwood, 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 Sam Norwood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sam Norwood, 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 Sam Norwood, 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 Sam Norwood, 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 offer affordable financing options for first-time homebuyers in Sam Norwood, Texas. These loans require a lower down payment, making homeownership more accessible to a wider range of people. Demographics: Sam Norwood is a small, tight-knit community in Texas with a population of around 200 residents. The area is known for its friendly atmosphere and strong sense of community. Housing Market: The housing market in Sam Norwood is stable, with a good mix of single-family homes and affordable properties. The availability of FHA down payment assistance programs makes purchasing a home in this area more achievable for many buyers. Main Attractions: Sam Norwood is located near the beautiful Palo Duro Canyon State Park, offering residents access to hiking, camping, and outdoor activities. The town also boasts charming local shops and restaurants, adding to its appeal as a place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Sam Norwood, Texas