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 Stamford, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stamford, TX provides a financial boost to eligible homebuyers in Stamford, 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 Stamford, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stamford, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stamford, 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 Stamford, 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 Stamford, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stamford, 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 Stamford, 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 Stamford, 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.
1. Low Down Payment: FHA loans offer a lower down payment requirement, making homeownership more accessible to first-time buyers and those with limited funds for a down payment. 2. Flexible Qualification Criteria: FHA loans have more lenient qualification requirements compared to conventional loans, allowing individuals with lower credit scores or higher debt-to-income ratios to qualify for a home loan. 3. Down Payment Assistance Programs: FHA loans in Stamford, Texas can be coupled with various down payment assistance programs, further reducing the upfront costs associated with buying a home. Demographics: Stamford, Texas, is a small town with a close-knit community. The population is diverse, with a mix of families, professionals, and retirees contributing to the town's charm and vibrancy. Housing Market: Stamford's housing market offers a range of options, from historic homes in well-established neighborhoods to modern developments. The market is relatively stable, with moderate home appreciation rates, making it a great place to invest in a home. Main Attractions: Stamford, Texas, boasts a rich cultural heritage, with attractions such as the Texas Cowboy Reunion and the Stamford Museum showcasing the town's history. Outdoor enthusiasts can enjoy activities at Lake Stamford and the nearby state parks.
Benefits of FHA Down Payment Assistance Home Loan in Stamford, Texas
