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 Toyahvale, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Toyahvale, TX provides a financial boost to eligible homebuyers in Toyahvale, 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 Toyahvale, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Toyahvale, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Toyahvale, 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 Toyahvale, 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 Toyahvale, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Toyahvale, 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 Toyahvale, 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 Toyahvale, 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 main benefits of an FHA Down Payment Assistance Home Loan in Toyahvale, Texas is that it offers a lower down payment requirement, making homeownership more accessible to individuals and families with limited savings. Demographically, Toyahvale, Texas has a population of approximately 100 people. The median age in the town is 45, with a mix of families and retirees making up the community. In terms of the housing market, Toyahvale offers a range of housing options including single-family homes and ranch-style properties. The real estate market is stable, with affordable housing prices making it an attractive location for first-time homebuyers. Main attractions in Toyahvale include the famous Balmorhea State Park, known for its spring-fed swimming pool and diverse wildlife. The nearby Davis Mountains offer outdoor enthusiasts a variety of activities such as hiking, camping, and stargazing.
FHA Down Payment Assistance Home Loan in Toyahvale, Texas