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 Sylvester, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sylvester, TX provides a financial boost to eligible homebuyers in Sylvester, 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 Sylvester, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sylvester, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sylvester, 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 Sylvester, 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 Sylvester, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sylvester, 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 Sylvester, 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 Sylvester, 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 Sylvester, Texas offers financial help to first-time homebuyers by allowing them to put as little as 3.5% down on a new home purchase. This makes homeownership more accessible and affordable for those who may not have substantial savings for a large down payment. Demographics of Sylvester, Texas show a small, tight-knit community with a population of around 800 residents. The town is known for its friendly atmosphere and strong community spirit, making it an ideal place for families and individuals looking for a welcoming environment. The housing market in Sylvester, Texas is thriving with a mix of historic homes and newer developments. The availability of FHA Down Payment Assistance Home Loans has made it easier for residents to buy, sell, or invest in properties, contributing to the overall growth and stability of the real estate market in the area. Main attractions in Sylvester, Texas include the picturesque Sylvester Park, popular for family picnics and outdoor activities. The town also boasts charming local shops, restaurants, and annual community events that showcase the rich cultural heritage of the area.
Benefits of FHA Down Payment Assistance Home Loan in Sylvester, Texas