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 Summerfield, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Summerfield, TX provides a financial boost to eligible homebuyers in Summerfield, 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 Summerfield, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Summerfield, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Summerfield, 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 Summerfield, 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 Summerfield, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Summerfield, 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 Summerfield, 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 Summerfield, 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 provides an opportunity for homebuyers in Summerfield, Texas, to purchase a home with a lower down payment requirement, making homeownership more accessible to a wider range of individuals. This program offers competitive interest rates and allows for a down payment as low as 3.5%, making it an attractive option for first-time buyers and those with limited savings. Demographically, Summerfield, Texas, is a diverse community with a mix of families, young professionals, and retirees. The town boasts a strong sense of community and a range of local amenities, including parks, schools, and shopping centers. The population is growing steadily, reflecting the town's appeal as a place to live and work. The housing market in Summerfield, Texas, is robust, with a variety of housing options available to accommodate different budgets and preferences. The median home price is competitive compared to neighboring areas, making it an attractive location for prospective buyers. With the assistance of FHA Down Payment Assistance Home Loan, more individuals can achieve their dream of homeownership in this thriving market. Main attractions in Summerfield, Texas, include beautiful parks, recreational facilities, and cultural attractions that cater to residents of all ages. From hiking trails to local festivals, there are plenty of opportunities for entertainment and relaxation in the area, making it a desirable place to call home.
FHA Down Payment Assistance Home Loan Benefits in Summerfield, Texas
