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 Scroggins, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Scroggins, TX provides a financial boost to eligible homebuyers in Scroggins, 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 Scroggins, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Scroggins, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Scroggins, 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 Scroggins, 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 Scroggins, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Scroggins, 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 Scroggins, 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 Scroggins, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers flexible down payment options, making homeownership more accessible to first-time buyers. Additionally, FHA loans have competitive interest rates, lower credit score requirements, and allow for higher debt-to-income ratios. Demographics: Scroggins, Texas, is a small rural town with a tight-knit community. The population consists primarily of families and retirees looking for a peaceful setting to call home. The town's proximity to larger cities like Tyler and Longview offers residents the best of both worlds. Housing Market: The housing market in Scroggins is characterized by a mix of charming single-family homes and spacious lots perfect for building your dream home. With the help of FHA down payment assistance, potential homeowners can find affordable housing options that suit their needs while taking advantage of the town's serene environment. Main Attractions: Scroggins is surrounded by natural beauty, with Lake Cypress Springs and Lake Bob Sandlin State Park offering residents endless opportunities for outdoor recreation, including fishing, boating, and hiking. The town also boasts a vibrant local arts scene and a variety of dining options showcasing Texas cuisine.
FHA Down Payment Assistance Home Loan in Scroggins, Texas
