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 Taylor, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Taylor, TX provides a financial boost to eligible homebuyers in Taylor, 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 Taylor, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Taylor, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Taylor, 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 Taylor, 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 Taylor, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Taylor, 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 Taylor, 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 Taylor, 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 in Taylor, Texas offer various benefits such as lower down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. These loans are especially beneficial for first-time homebuyers or those with less than perfect credit scores. Demographics: Taylor, Texas, is a charming city known for its rich history, diverse community, and close-knit neighborhoods. The town has a mix of young families, professionals, and retirees, creating a vibrant and welcoming atmosphere. Housing Market: Taylor's housing market is currently booming, with a range of affordable housing options available. The FHA Down Payment Assistance Home Loan can help potential homebuyers take advantage of this favorable market by providing financial assistance and flexible terms. Main Attractions: Some main attractions in Taylor include the Moody Museum, Blue Hole Park, and Taylor Rodeo. Residents and visitors alike enjoy the local dining scene, historic architecture, and community events that make Taylor a unique and thriving place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Taylor, Texas