Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Skellytown, TX

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 Skellytown, TX for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Skellytown, TX?

Our Down Payment Assistance program in Skellytown, TX provides a financial boost to eligible homebuyers in Skellytown, 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.

Forgivable grant for FHA loans in Skellytown, TX

Key Features of Our FHA Down Payment Assistance in Skellytown, TX

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Skellytown, TX can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Skellytown, TX. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Skellytown, TX, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Skellytown, TX without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Skellytown, TX, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Skellytown, TX.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Skellytown, 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.

First-time homebuyer FHA assistance in Skellytown, TX
Start Your Journey Today

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 Skellytown, 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.

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Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Skellytown, Texas

Benefits of an FHA Down Payment Assistance Home Loan: An FHA loan with down payment assistance can make homeownership more accessible in Skellytown, Texas. This program allows buyers to put as little as 3.5% down on a home, making it easier for first-time buyers to enter the market.

Demographics: Skellytown is a small town located in Carson County, Texas, with a population of approximately 500 residents. The community has a rural charm and is known for its friendly atmosphere, making it an ideal place for families looking for a close-knit community.

Housing Market: The housing market in Skellytown offers affordable options for buyers, with a median home price below the national average. With the assistance of FHA loans, more residents have the opportunity to become homeowners and invest in the local real estate market.

Main Attractions: Skellytown is situated close to Lake Meredith, offering residents outdoor recreational activities such as fishing, boating, and hiking. The town also hosts local events that foster community spirit and provide opportunities for residents to socialize and engage with one another.

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