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 Scottsville, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Scottsville, TX provides a financial boost to eligible homebuyers in Scottsville, 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 Scottsville, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Scottsville, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Scottsville, 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 Scottsville, 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 Scottsville, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Scottsville, 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 Scottsville, 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 Scottsville, 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 Scottsville, Texas offer numerous benefits. One major advantage is the lower down payment requirement. This makes homeownership more accessible to individuals who may not have large savings for a traditional down payment. Additionally, these loans often have competitive interest rates, helping borrowers save money over the life of the loan. Demographics in Scottsville, Texas show a diverse community with a mix of age groups and backgrounds. The town has a population of around 1,500 residents, and the median household income is in line with the state average. The area is known for its tight-knit community and family-friendly atmosphere, making it an appealing place to call home. The housing market in Scottsville, Texas is stable, with a range of housing options available to buyers. The median home price is affordable compared to nearby cities, making it an attractive location for first-time homebuyers. The market is currently balanced, providing opportunities for both buyers and sellers in the area. Main attractions in Scottsville, Texas include beautiful parks, historic landmarks, and local events that bring the community together. Residents can enjoy outdoor activities such as hiking and fishing, as well as explore the town's rich history through its museums and cultural sites.
Benefits of FHA Down Payment Assistance Home Loan in Scottsville, Texas
