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 Skidmore, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Skidmore, TX provides a financial boost to eligible homebuyers in Skidmore, 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 Skidmore, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Skidmore, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Skidmore, 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 Skidmore, 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 Skidmore, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Skidmore, 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 Skidmore, 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 Skidmore, 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 Skidmore, Texas offers various benefits, such as low down payment requirements, competitive interest rates, and the possibility of financing closing costs. This program makes homeownership more accessible and affordable for individuals and families in Skidmore. Skidmore, Texas, is a small community with a population of around 1,000 residents. The area boasts a tight-knit community feel and a low crime rate, making it an ideal place to raise a family or retire. The demographics include a mix of young families, working professionals, and retirees. The housing market in Skidmore, Texas, offers a range of options, from single-family homes to ranch-style properties. The median home price is affordable compared to nearby urban areas, making it attractive for first-time homebuyers or those looking to downsize. The market is stable and has shown consistent growth in recent years.
FHA Down Payment Assistance Home Loan in Skidmore, Texas
