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 Tulia, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Tulia, TX provides a financial boost to eligible homebuyers in Tulia, 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 Tulia, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Tulia, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Tulia, 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 Tulia, 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 Tulia, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Tulia, 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 Tulia, 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 Tulia, 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 primary benefits of an FHA Down Payment Assistance Home Loan in Tulia, Texas is the lower down payment requirement. This type of loan allows homebuyers to purchase a property with a down payment as low as 3.5%, making homeownership more accessible. Another advantage is the more lenient credit score requirements compared to conventional loans. This can be helpful for first-time homebuyers or those with less-than-perfect credit history, providing them with an opportunity to own a home in Tulia. Furthermore, FHA loans offer competitive interest rates and fixed-rate options, providing stability in monthly payments for homeowners in Tulia, Texas. Demographics Tulia, Texas, has a diverse population with a mix of various ethnicities and age groups. The city is known for its tight-knit community where residents take pride in their town and actively participate in local events and activities. Housing Market The housing market in Tulia, Texas, offers a range of properties from single-family homes to apartments. With the assistance of FHA loans, potential homeowners can explore affordable housing options and find a place to call their own in this charming Texan city. Main Attractions Tulia, Texas, boasts attractions like the Swisher County Museum, where visitors can delve into the area's history, and the beautiful Lake Mackenzie for outdoor enthusiasts seeking recreational activities. The city also hosts annual events that bring the community together.
Benefits of FHA Down Payment Assistance Home Loan in Tulia, Texas
