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 Valley Spring, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Valley Spring, TX provides a financial boost to eligible homebuyers in Valley Spring, 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 Valley Spring, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Valley Spring, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Valley Spring, 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 Valley Spring, 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 Valley Spring, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Valley Spring, 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 Valley Spring, 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 Valley Spring, 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 key benefits of an FHA down payment assistance home loan in Valley Spring, Texas, is the lower down payment requirement. This program allows eligible homebuyers to purchase a home with as little as 3.5% down, making homeownership more accessible. Another advantage is the more lenient credit score requirements compared to conventional loans. This can be beneficial for first-time homebuyers or those with less-than-perfect credit history, providing them with the opportunity to own a home in Valley Spring. Additionally, FHA loans offer competitive interest rates, helping buyers to save on long-term costs. With the down payment assistance program, individuals and families in Valley Spring can achieve their dream of owning a home without putting a significant strain on their finances.
Benefits of FHA Down Payment Assistance Home Loan in Valley Spring, Texas
