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 Sterling City, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sterling City, TX provides a financial boost to eligible homebuyers in Sterling City, 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 Sterling City, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sterling City, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sterling City, 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 Sterling City, 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 Sterling City, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sterling City, 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 Sterling City, 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 Sterling City, 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 Loan in Sterling City, Texas provides first-time homebuyers with opportunities to purchase homes with lower down payments and more lenient credit requirements. This program helps increase homeownership in the area, fostering community growth and stability, as well as offering financial security for families. Additionally, FHA loans often have competitive interest rates and allow for more flexible qualification criteria than conventional loans, making homeownership more accessible to a wider range of individuals. Demographics Sterling City, Texas, has a population of approximately 1,200 residents. The town has a close-knit community feel with a mix of families, professionals, and retirees. Housing Market The housing market in Sterling City offers a variety of options, from historic single-family homes to modern condominiums. The median home price is around $100,000, making it an affordable place to live. Main Attractions Sterling City is known for its outdoor recreational activities, including hiking trails, fishing spots, and parks. The town also has a historic downtown area with shops and restaurants for residents to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Sterling City, Texas
