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 Tioga, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tioga, TX provides a financial boost to eligible homebuyers in Tioga, 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 Tioga, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tioga, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tioga, 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 Tioga, 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 Tioga, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tioga, 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 Tioga, 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 Tioga, 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: An FHA loan with down payment assistance can help first-time homebuyers by reducing the initial costs, making homeownership more achievable. Low down payment requirements and flexible credit score criteria make FHA loans accessible to a wider range of borrowers. Down payment assistance programs may provide financial support or grants to cover a portion of the down payment or closing costs. Demographics: Tioga, Texas, is a charming small town with a population that values community and a slower pace of life. The town has a diverse population with a mix of families, young professionals, and retirees. Residents of Tioga often enjoy the sense of safety and the close-knit feel of the community. Housing Market: The housing market in Tioga offers a mix of historic homes, new developments, and spacious lots. Home prices in Tioga are relatively affordable compared to larger cities, making it an attractive option for homebuyers. The market is stable, with opportunities for investment and future appreciation. Main Attractions: Tioga is famous for being the birthplace of country music legend, Gene Autry. The town is surrounded by beautiful natural landscapes, including parks and lakes, perfect for outdoor enthusiasts. Local attractions include museums, art galleries, and charming boutique shops in the historic downtown area.
Benefits of FHA Down Payment Assistance Home Loan in Tioga, Texas
