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 Spicewood, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Spicewood, TX provides a financial boost to eligible homebuyers in Spicewood, 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 Spicewood, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Spicewood, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Spicewood, 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 Spicewood, 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 Spicewood, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Spicewood, 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 Spicewood, 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 Spicewood, 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.
Considering an FHA Down Payment Assistance Home Loan in Spicewood, Texas offers various benefits. This program allows homebuyers to obtain a mortgage with a lower down payment, often as low as 3.5%. It also provides more lenient credit score requirements, making homeownership more accessible to a broader range of individuals. Demographically, Spicewood, Texas is a charming community located in Travis County. The area boasts a mix of residents, including families, young professionals, and retirees. The town offers a peaceful suburban feel while being in close proximity to the vibrant city of Austin. When it comes to the housing market, Spicewood is experiencing steady growth. The real estate market offers a variety of housing options, from cozy single-family homes to spacious estates. With the FHA Down Payment Assistance program, more prospective buyers can enter the market and contribute to the area's development. Spicewood is known for its beautiful natural surroundings, including the stunning views of the Texas Hill Country. Residents and visitors can enjoy outdoor activities such as hiking, boating on Lake Travis, and exploring local vineyards. The area also features excellent dining options, boutique shops, and cultural attractions.
FHA Down Payment Assistance Home Loan Benefits in Spicewood, Texas
