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 Telegraph, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Telegraph, TX provides a financial boost to eligible homebuyers in Telegraph, 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 Telegraph, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Telegraph, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Telegraph, 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 Telegraph, 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 Telegraph, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Telegraph, 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 Telegraph, 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 Telegraph, 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.
Benefits of FHA Down Payment Assistance: The FHA loan program offers low down payment options, making homeownership more accessible. It also provides competitive interest rates and flexible qualification criteria, especially beneficial for first-time homebuyers. Demographics: Telegraph, Texas, is a charming rural community with a population that values a close-knit community feel. The area boasts a mix of young families, retirees, and working professionals, creating a diverse and welcoming neighborhood. Housing Market: The housing market in Telegraph offers a variety of options, from historic homes to modern developments. With the assistance of FHA loans, buyers have the opportunity to invest in their dream home with favorable terms and financial support. Main Attractions: Telegraph is known for its serene natural surroundings, offering outdoor enthusiasts ample opportunities for hiking, fishing, and exploring. The town also features local shops, restaurants, and community events that foster a vibrant and engaging lifestyle.
FHA Down Payment Assistance Home Loan in Telegraph, Texas
