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 Timpson, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Timpson, TX provides a financial boost to eligible homebuyers in Timpson, 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 Timpson, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Timpson, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Timpson, 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 Timpson, 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 Timpson, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Timpson, 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 Timpson, 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 Timpson, 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 Timpson, Texas offer various benefits, including lower down payment requirements, flexible credit score criteria, and competitive interest rates, making homeownership more accessible to individuals and families. Timpson, Texas, a small town with a population of approximately 1,200 residents, boasts a close-knit community with a diverse demographic makeup. The town is known for its friendly atmosphere and strong community spirit. The housing market in Timpson, Texas, offers a mix of historic homes and new developments, catering to a range of preferences and budgets. With the assistance of FHA Down Payment programs, prospective homeowners can find affordable options and achieve their dream of owning a home in this charming town. Some main attractions in Timpson include the Timpson Public Library, the Timpson Trailhead Park, and the quaint downtown area with local shops and eateries. Residents enjoy a peaceful lifestyle while still being within driving distance of larger cities for work and entertainment.
FHA Down Payment Assistance Home Loan in Timpson, Texas
