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 Streetman, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Streetman, TX provides a financial boost to eligible homebuyers in Streetman, 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 Streetman, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Streetman, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Streetman, 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 Streetman, 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 Streetman, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Streetman, 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 Streetman, 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 Streetman, 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 Streetman, Texas provides a valuable opportunity for first-time homebuyers to achieve their dream of homeownership with a lower down payment requirement compared to traditional loans. Demographics in Streetman, Texas depict a charming rural community with a population that values the tight-knit community feel. The area offers a mix of individuals of different ages and backgrounds, creating a diverse and welcoming environment. When it comes to the housing market in Streetman, Texas, there is a range of options available, from cozy single-family homes to spacious ranch-style properties. The market offers affordable housing options for those looking to settle in a peaceful and scenic location. Main attractions in Streetman, Texas include the Richland Chambers Reservoir, a popular spot for fishing and water sports enthusiasts. Additionally, the area boasts picturesque parks and outdoor recreational areas, perfect for nature lovers and families looking to enjoy the great outdoors.
Benefits of FHA Down Payment Assistance Home Loan in Streetman, Texas