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 Tom Bean, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tom Bean, TX provides a financial boost to eligible homebuyers in Tom Bean, 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 Tom Bean, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tom Bean, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tom Bean, 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 Tom Bean, 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 Tom Bean, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tom Bean, 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 Tom Bean, 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 Tom Bean, 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.
The FHA Down Payment Assistance Home Loan in Tom Bean, Texas provides a number of benefits to homebuyers. This program offers low down payment requirements, allowing more people to become homeowners. Additionally, it provides competitive interest rates and flexible credit requirements, making it accessible to a wider range of individuals. Tom Bean, Texas, is a vibrant community with a population that values its small-town atmosphere. The demographics of the area include a mix of families, young professionals, and retirees, creating a diverse and welcoming environment for all residents. The housing market in Tom Bean offers a variety of options for homebuyers, from cozy single-family homes to spacious properties with large yards. With the FHA Down Payment Assistance Home Loan, potential buyers can explore these options with greater ease and financial flexibility. Tom Bean is situated in close proximity to a range of attractions, including parks, recreational facilities, and local dining spots. Residents can enjoy a high quality of life with access to these amenities while benefiting from the affordable housing options available through the FHA program.
FHA Down Payment Assistance Home Loan in Tom Bean, Texas
