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 Spring, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Spring, TX provides a financial boost to eligible homebuyers in Spring, 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 Spring, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Spring, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Spring, 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 Spring, 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 Spring, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Spring, 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 Spring, 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 Spring, 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 loans in Spring, Texas offer several benefits to potential homebuyers. These loans provide a lower down payment requirement, often as low as 3.5% of the purchase price, making homeownership more accessible to a wider range of individuals and families. Demographically, Spring, Texas is known for its diverse population, with a mix of families, young professionals, and retirees. The area boasts a strong sense of community and a range of local amenities, including parks, schools, and shopping centers. The housing market in Spring, Texas is currently active, with a range of properties available to suit different budgets and preferences. From single-family homes to townhouses and condos, there is a variety of housing options to choose from, making it an attractive location for first-time buyers and long-term residents alike.
Benefits of FHA Down Payment Assistance Home Loan in Spring, Texas
