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 Terlingua, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Terlingua, TX provides a financial boost to eligible homebuyers in Terlingua, 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 Terlingua, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Terlingua, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Terlingua, 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 Terlingua, 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 Terlingua, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Terlingua, 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 Terlingua, 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 Terlingua, 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 key benefits of utilizing an FHA Down Payment Assistance Home Loan in Terlingua, Texas, is the accessibility it provides to individuals who may not have the means for a conventional down payment. This program can help prospective homebuyers achieve their dream of homeownership with lower upfront costs. Demographically, Terlingua boasts a diverse population consisting of both longtime residents and newcomers attracted by the area's unique charm. The community welcomes individuals from various backgrounds, creating a rich tapestry of cultures and experiences. In terms of the housing market, Terlingua offers a range of options, from cozy single-family homes to spacious ranch-style properties. The market is known for its affordability compared to larger urban centers, making it an appealing location for first-time buyers and those seeking a tranquil lifestyle. Terlingua's main attractions include its stunning natural beauty, with proximity to Big Bend National Park providing outdoor enthusiasts with a plethora of recreational opportunities. The area also boasts a vibrant arts and cultural scene, with local festivals and events celebrating the region's heritage.
Benefits of FHA Down Payment Assistance Home Loan in Terlingua, Texas
