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 Selman City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Selman City, TX provides a financial boost to eligible homebuyers in Selman City, 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 Selman City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Selman City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Selman City, 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 Selman City, 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 Selman City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Selman City, 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 Selman City, 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 Selman City, 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: An FHA down payment assistance home loan in Selman City, Texas, offers eligible homebuyers the opportunity to purchase a house with a lower down payment requirement, making it more accessible for first-time buyers and those with limited savings. This program also provides competitive interest rates and flexible credit requirements, making homeownership achievable for many. Demographics: Selman City, Texas, is a small, close-knit community with a population of approximately 500 residents. The area boasts a diverse demographic mix, with a blend of families, young professionals, and retirees creating a vibrant and inclusive atmosphere. Housing Market: Selman City's housing market offers a range of options, from cozy single-family homes to spacious ranch-style properties. The median home price is affordable, making it an attractive location for those looking to invest in real estate or find their forever home in a tranquil setting. Main Attractions: Despite its small size, Selman City has much to offer residents and visitors. Outdoor enthusiasts can explore the nearby Tyler State Park for hiking and picnicking, while history buffs can visit the East Texas Oil Museum to learn about the region's oil industry heritage.
FHA Down Payment Assistance Home Loan in Selman City, Texas
