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 Sundown, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sundown, TX provides a financial boost to eligible homebuyers in Sundown, 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 Sundown, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sundown, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sundown, 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 Sundown, 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 Sundown, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sundown, 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 Sundown, 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 Sundown, 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.
Looking to buy a home in Sundown, Texas? Consider the benefits of an FHA Down Payment Assistance Home Loan. This program offers lower down payment requirements, making homeownership more accessible to individuals and families. By reducing the upfront costs, it eases the financial burden and helps more people achieve their dream of owning a home. Demographically, Sundown, Texas, is a small yet vibrant community with a population of approximately 1,500 residents. The town boasts a strong sense of community and a welcoming atmosphere. The demographic makeup is diverse, with a mix of families, young professionals, and retirees creating a rich tapestry of cultures and backgrounds. When it comes to the housing market in Sundown, Texas, there is a range of options available to prospective buyers. The market is competitive yet offers opportunities for affordable housing, especially with the assistance of FHA loans. The real estate landscape includes a variety of single-family homes, townhouses, and apartments, catering to different preferences and budgets. While exploring Sundown, Texas, don't miss out on its main attractions. From the picturesque City Park to the historical Sundown Motor Inn, there is something for everyone to enjoy. The town's charming Main Street is lined with local shops and restaurants, offering a taste of small-town hospitality and culture.
FHA Down Payment Assistance Home Loan Benefits in Sundown, Texas