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 Sunset, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sunset, TX provides a financial boost to eligible homebuyers in Sunset, 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 Sunset, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sunset, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sunset, 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 Sunset, 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 Sunset, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sunset, 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 Sunset, 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 Sunset, 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.
An FHA Down Payment Assistance Home Loan in Sunset, Texas offers several benefits. It allows potential homeowners to purchase a property with a lower down payment, typically around 3.5%, making homeownership more accessible for individuals with limited savings. Additionally, FHA loans have competitive interest rates and flexible qualification requirements, making them an attractive option for first-time buyers. In terms of demographics, Sunset, Texas has a population of approximately 300 residents. The town boasts a tight-knit community with a mix of families and retirees. The area experiences a suburban rural mix feel and most residents own their homes, creating a stable and welcoming neighborhood for new homeowners. The housing market in Sunset, Texas is currently showing a steady growth in property values. The median home price in Sunset is around $200,000 with a variety of housing options available, from single-family homes to larger properties. With the FHA Down Payment Assistance Home Loan, prospective buyers can take advantage of the rising market while securing an affordable mortgage. Sunset, Texas offers a range of attractions for residents and visitors alike. The town is known for its picturesque sunsets, providing a serene backdrop for outdoor activities such as hiking and picnicking. Additionally, Sunset is in close proximity to Lake Bridgeport, offering water sports and fishing opportunities for nature enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Sunset, Texas
