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 Waelder, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Waelder, TX provides a financial boost to eligible homebuyers in Waelder, 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 Waelder, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Waelder, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Waelder, 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 Waelder, 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 Waelder, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Waelder, 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 Waelder, 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 Waelder, 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.
An FHA Down Payment Assistance Home Loan in Waelder, Texas provides numerous benefits to homebuyers. This type of loan allows for a lower down payment requirement, making it easier for first-time buyers to enter the housing market. Furthermore, the Federal Housing Administration (FHA) insures these loans, offering borrowers more favorable terms and lower interest rates. This assistance program also accepts lower credit scores and can help buyers avoid costly private mortgage insurance. Demographics: Waelder, Texas, is a diverse community with a population of around 1,000 residents. The town boasts a mix of cultures, including Hispanic, African American, and Caucasian populations, creating a rich tapestry of traditions and heritage. Housing Market: The housing market in Waelder offers a range of affordable options for homebuyers. With the assistance of an FHA loan, prospective buyers can find quality housing at competitive prices, making homeownership a reality for many families in the area. Main Attractions: Waelder, Texas, is known for its scenic beauty and outdoor recreational opportunities. The town is nestled in the heart of Texas Hill Country, offering residents and visitors access to hiking trails, fishing spots, and charming local shops and restaurants.
Benefits of FHA Down Payment Assistance Home Loan in Waelder, Texas
