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 Silver, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Silver, TX provides a financial boost to eligible homebuyers in Silver, 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 Silver, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Silver, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Silver, 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 Silver, 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 Silver, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Silver, 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 Silver, 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 Silver, 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 Loan in Silver, Texas offers numerous benefits to potential homebuyers. One of the main advantages is the lower down payment requirement, which can make owning a home more accessible to individuals with limited savings. Additionally, FHA loans often have lower credit score requirements, making them a viable option for those with less-than-perfect credit histories. The assistance program can also provide help with closing costs, reducing the upfront expenses associated with buying a home. Silver, Texas boasts a diverse population, with a mix of young professionals, families, and retirees. The town has a strong sense of community, and residents enjoy access to reputable schools, healthcare facilities, and recreational activities. With a growing economy and affordable living costs, Silver is an attractive option for those looking to settle down in a welcoming and vibrant community. The housing market in Silver, Texas is currently experiencing steady growth, with a range of housing options available to suit different preferences and budgets. The real estate market is competitive yet stable, offering opportunities for both buyers and sellers. Home prices in Silver are relatively affordable compared to neighboring cities, making it an appealing location for first-time homebuyers or those looking to invest in property. Some of the main attractions in Silver, Texas include the picturesque Silver Lake, which provides opportunities for fishing, boating, and picnicking. The town also features a charming historic district with local shops, restaurants, and cultural venues. Outdoor enthusiasts can explore the surrounding natural landscapes through hiking trails and parks, while history buffs can visit landmarks that showcase the town's rich heritage.
Benefits of FHA Down Payment Assistance Home Loan in Silver, Texas
