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 Sealy, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sealy, TX provides a financial boost to eligible homebuyers in Sealy, 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 Sealy, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sealy, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sealy, 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 Sealy, 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 Sealy, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sealy, 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 Sealy, 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 Sealy, 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 Sealy, Texas is the opportunity for first-time homebuyers to purchase a home with a lower down payment requirement. This makes homeownership more accessible and affordable for those who may not have a large savings account. Another advantage is that FHA loans offer competitive interest rates and flexible credit requirements, making it easier for individuals with less-than-perfect credit to qualify for a loan. This can be particularly beneficial for borrowers who have had past financial difficulties but are now in a better position to buy a home. Additionally, FHA loans provide options for borrowers to include the closing costs in the loan amount, reducing the upfront expenses associated with buying a home. This can help buyers manage their finances more effectively and achieve their homeownership goals sooner.
Benefits of FHA Down Payment Assistance Home Loan in Sealy, Texas
