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 Shallowater, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shallowater, TX provides a financial boost to eligible homebuyers in Shallowater, 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 Shallowater, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shallowater, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shallowater, 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 Shallowater, 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 Shallowater, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shallowater, 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 Shallowater, 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 Shallowater, 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 loans offer low down payment options which can help first-time homebuyers or those with limited savings to purchase a home. This assistance program makes homeownership more accessible and affordable. Shallowater, Texas, is a vibrant community with a population that includes families, young professionals, and retirees. The town's demographics showcase a blend of rural charm and suburban amenities, making it an attractive place to live for individuals of all ages. The housing market in Shallowater is stable with a variety of options ranging from single-family homes to townhouses. The FHA Down Payment Assistance Home Loan can make these properties more attainable for buyers, stimulating the local real estate market and promoting economic growth. Some main attractions in Shallowater include its quaint downtown area, local parks, and community events. Residents can enjoy a close-knit community vibe while still having access to nearby amenities in larger cities like Lubbock.
Benefits of FHA Down Payment Assistance Home Loan in Shallowater, Texas
