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 South Plains, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in South Plains, TX provides a financial boost to eligible homebuyers in South Plains, 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 South Plains, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in South Plains, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in South Plains, 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 South Plains, 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 South Plains, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in South Plains, 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 South Plains, 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 South Plains, 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.
The FHA Down Payment Assistance Home Loan program in South Plains, Texas offers numerous benefits to prospective homebuyers. This program helps individuals overcome the hurdle of a large down payment, making home ownership more accessible. Borrowers can benefit from competitive interest rates and lower closing costs. Demographically, South Plains, Texas, is a diverse region with a vibrant community. The population consists of a mix of young families, professionals, and retirees, creating a welcoming and inclusive environment. The region features excellent schools, recreational facilities, and a strong sense of community spirit. In terms of the housing market, South Plains offers a range of affordable housing options suitable for all income levels. The market is stable and continually growing, making it an ideal time to invest in real estate. With the FHA Down Payment Assistance program, more individuals can take advantage of these opportunities. South Plains, Texas, boasts a variety of attractions for residents and visitors alike. From stunning natural parks and outdoor recreational areas to cultural events and historical sites, there is something for everyone to enjoy in this region. The vibrant local cuisine and welcoming community make South Plains a desirable place to call home.
FHA Down Payment Assistance Home Loan in South Plains, Texas
