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 Sheridan, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sheridan, TX provides a financial boost to eligible homebuyers in Sheridan, 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 Sheridan, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sheridan, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sheridan, 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 Sheridan, 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 Sheridan, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sheridan, 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 Sheridan, 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 Sheridan, 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 Sheridan, Texas offer numerous advantages. These loans provide financial support to first-time homebuyers by assisting with down payments, making homeownership more accessible. They often have lower credit score requirements and down payment options, appealing to a wider range of potential buyers. Demographically, Sheridan is a charming small town in Texas with a population that values community spirit and a sense of belonging. The town is known for its friendly residents and safe neighborhoods, making it an ideal place for families and individuals looking to settle down. The housing market in Sheridan, Texas, is thriving. With the assistance of FHA Down Payment loans, more people can afford to buy homes, leading to an increase in property values and a boost in the local economy. The market offers a variety of housing options, from cozy starter homes to spacious family residences. Some of the main attractions in Sheridan include beautiful parks, historic landmarks, and a vibrant local culture. Residents and visitors alike can enjoy outdoor activities, community events, and explore the town's rich heritage. Sheridan provides a peaceful and picturesque setting for those looking to escape the hustle and bustle of city life.
Benefits of FHA Down Payment Assistance Home Loan in Sheridan, Texas
