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 Springtown, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Springtown, TX provides a financial boost to eligible homebuyers in Springtown, 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 Springtown, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Springtown, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Springtown, 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 Springtown, 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 Springtown, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Springtown, 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 Springtown, 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 Springtown, 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.
Benefits of FHA Down Payment Assistance Home Loan: The FHA loan program offers lower down payments, flexible credit requirements, and lower closing costs. The down payment assistance programs help first-time homebuyers overcome the hurdle of saving enough for a down payment. Demographics: Springtown, Texas, has a population of around 2,800 people with a median age of 33. The town has a suburban feel with a mix of homeowners and renters. The majority of residents have a high school diploma or higher education. Housing Market: The housing market in Springtown is thriving with a median home value of $215,000. Prices are steadily increasing, making it a promising investment opportunity. The availability of FHA loans and down payment assistance has made homeownership more attainable for many residents. Main Attractions: Springtown offers a range of recreational activities such as parks, golf courses, and hiking trails. The town has a rich history dating back to the 1800s, with historic buildings and museums showcasing its heritage. Residents also enjoy local dining and shopping options in the charming downtown area.
FHA Down Payment Assistance Home Loan in Springtown, Texas
