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 Telephone, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Telephone, TX provides a financial boost to eligible homebuyers in Telephone, 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 Telephone, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Telephone, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Telephone, 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 Telephone, 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 Telephone, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Telephone, 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 Telephone, 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 Telephone, 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 Home Loan: The FHA loan program offers lower down payment requirements, making homeownership more accessible. This assistance can help potential buyers in Telephone, Texas, achieve their dream of owning a home with lower upfront costs. Demographics: Telephone, Texas, is a small town with a population of around 300 residents. The community is tight-knit, offering a friendly and welcoming atmosphere for families and individuals looking to settle down in a peaceful rural setting. Housing Market: The housing market in Telephone, Texas, is characterized by affordable housing options, including single-family homes and charming ranch-style properties. The FHA Down Payment Assistance Home Loan can be particularly beneficial for first-time home buyers and those with limited savings. Main Attractions: Despite its small size, Telephone, Texas, boasts of picturesque landscapes, including rolling hills and tranquil countryside views. Residents can enjoy outdoor activities such as hiking, fishing, and exploring nearby nature trails.
FHA Down Payment Assistance Home Loan in Telephone, Texas
