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 Umbarger, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Umbarger, TX provides a financial boost to eligible homebuyers in Umbarger, 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 Umbarger, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Umbarger, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Umbarger, 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 Umbarger, 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 Umbarger, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Umbarger, 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 Umbarger, 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 Umbarger, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program offers benefits such as lower down payment requirements, flexible credit score criteria, and competitive interest rates. This can make home ownership more accessible to individuals who may not qualify for conventional loans. Demographics: Umbarger, Texas, is a small community with a population of approximately 327 residents. The area boasts a tight-knit community feel, with a mix of families and retirees. The town is known for its welcoming atmosphere and strong community bonds. Housing Market: The housing market in Umbarger offers a mix of single-family homes and ranch-style properties. The median home price is affordable compared to nearby urban areas, making it an attractive option for first-time home buyers. With the FHA Down Payment Assistance Home Loan, potential buyers can take advantage of favorable terms and support. Main Attractions: Despite its small size, Umbarger has plenty to offer. The town is known for its local festivals celebrating the community's rich heritage, as well as its proximity to outdoor recreational activities such as fishing and hiking. Residents also enjoy easy access to cultural attractions in nearby cities.
FHA Down Payment Assistance Home Loan in Umbarger, Texas
