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 Teague, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Teague, TX provides a financial boost to eligible homebuyers in Teague, 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 Teague, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Teague, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Teague, 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 Teague, 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 Teague, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Teague, 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 Teague, 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 Teague, 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.
One of the primary benefits of an FHA Down Payment Assistance Home Loan in Teague, Texas, is the opportunity it provides for first-time homebuyers to purchase a home with a lower down payment. This can make homeownership more accessible and affordable, especially for individuals who may not have a large amount of savings for a traditional down payment. Teague, Texas, is a diverse community with a mix of residents from different backgrounds. The demographic profile of the town includes a blend of age groups, with a growing number of young families attracted to the area due to its affordable housing options and family-friendly environment. The housing market in Teague, Texas, offers a range of options for potential homebuyers, from historic homes with character to newer developments with modern amenities. With the assistance of FHA loans, buyers can explore these opportunities with more flexibility and ease, ensuring a smooth purchasing process.
FHA Down Payment Assistance Home Loan in Teague, Texas
