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 Spearman, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Spearman, TX provides a financial boost to eligible homebuyers in Spearman, 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 Spearman, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Spearman, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Spearman, 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 Spearman, 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 Spearman, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Spearman, 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 Spearman, 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 Spearman, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Spearman, Texas is the opportunity it provides for first-time homebuyers to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics: Spearman, Texas, is a vibrant community with a population consisting of a mix of families, young professionals, and retirees. The town is known for its friendly atmosphere and strong community spirit, making it an ideal place to settle down and raise a family. Housing Market: Spearman's housing market offers a range of options, from cozy single-family homes to spacious ranch-style properties. The availability of FHA Down Payment Assistance Home Loans has made buying a home more achievable for residents, contributing to a steady growth in the real estate market. Main Attractions: Spearman boasts a variety of attractions, including the Hansford County Historical Museum, the beautiful Lake Palo Duro, and the popular Comanche Trail Golf Course, providing residents with recreational and leisure activities to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Spearman, Texas
