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 Tatum, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tatum, TX provides a financial boost to eligible homebuyers in Tatum, 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 Tatum, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tatum, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tatum, 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 Tatum, 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 Tatum, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tatum, 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 Tatum, 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 Tatum, 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 Loans offer numerous benefits to prospective homebuyers in Tatum, Texas. These loans provide financial assistance to help individuals achieve the dream of homeownership by reducing the initial down payment required. Demographically, Tatum, Texas, is a charming small town with a population of around 1400 residents. The community is known for its friendly atmosphere and strong sense of community. It is an ideal place for families looking for a quiet and safe environment to call home. The housing market in Tatum, Texas, is stable and offers a variety of housing options to suit different needs and preferences. With the assistance of FHA loans, more individuals can afford to purchase homes in this area, contributing to the growth and development of the local real estate market. Some main attractions in Tatum, Texas, include the Tatum City Park, where residents can enjoy outdoor activities and community events. The town also boasts easy access to nearby lakes and recreational areas, making it a desirable location for nature lovers and outdoor enthusiasts.
FHA Down Payment Assistance Home Loan Benefits in Tatum, Texas
