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 Sulphur Springs, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sulphur Springs, TX provides a financial boost to eligible homebuyers in Sulphur Springs, 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 Sulphur Springs, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sulphur Springs, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sulphur Springs, 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 Sulphur Springs, 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 Sulphur Springs, 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: The FHA loan program in Sulphur Springs offers low down payments, competitive interest rates, and lenient credit requirements, making homeownership more accessible to a wider range of buyers. Demographics: Sulphur Springs, Texas, has a population of approximately 16,000 residents, with a median household income of $43,000. The city boasts a diverse community with a mix of young families, retirees, and working professionals. Housing Market: The housing market in Sulphur Springs is thriving, with a median home price of $180,000. The market offers a variety of housing options, from historic homes downtown to newer developments in the suburbs. Main Attractions: Sulphur Springs is known for its charming downtown area, featuring unique shops, local restaurants, and annual festivals. The city is also home to the famous Hopkins County Dairy Festival and the vibrant Coleman Park, offering recreational activities for residents of all ages.
FHA Down Payment Assistance Home Loan in Sulphur Springs, Texas
