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 Wallis, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wallis, TX provides a financial boost to eligible homebuyers in Wallis, 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 Wallis, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wallis, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wallis, 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 Wallis, 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 Wallis, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wallis, 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 Wallis, 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 Wallis, 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 Wallis, Texas, is the lower down payment requirement, typically as low as 3.5% of the purchase price. This makes homeownership more accessible to first-time buyers and those with limited cash on hand. Additionally, FHA loans offer competitive interest rates and flexible credit score requirements, making them attractive to a broad range of borrowers. The assistance programs available can help with closing costs, making the overall cost of buying a home more affordable. Another advantage is that FHA loans are assumable, meaning that if you sell your home, the buyer can take over your existing FHA loan under the same terms, potentially making your property more appealing to potential buyers. Demographics of Wallis, Texas Wallis, Texas, is a small town situated in Austin County with a population of around 1,300 residents. The community is predominantly made up of families and has a suburban feel, offering residents a sparse suburban lifestyle. Housing Market in Wallis, Texas The housing market in Wallis, Texas, is characterized by a mix of single-family homes, townhouses, and apartments. The median home value in Wallis is below the national average, making it an attractive location for homebuyers looking for affordable housing options. Main Attractions in Wallis, Texas Some of the main attractions in Wallis include the Wallis Railroad Museum, showcasing the town's rich history, and the nearby Brazos Bend State Park, offering outdoor recreational activities such as hiking, camping, and birdwatching.
Benefits of FHA Down Payment Assistance Home Loan in Wallis, Texas
