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 Walnut Springs, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Walnut Springs, TX provides a financial boost to eligible homebuyers in Walnut Springs, 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 Walnut Springs, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Walnut Springs, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Walnut Springs, 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 Walnut Springs, 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 Walnut Springs, 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.
1. Benefits: FHA Down Payment Assistance loans provide a lower barrier to homeownership, making it easier for individuals and families to purchase a home. The assistance can include grants or loans to cover the down payment and closing costs, reducing the financial burden on the buyer. 2. Demographics: Walnut Springs, Texas, is a small town with a population of approximately 800 residents. The community is close-knit, with a mix of families and retirees. The town has a rural charm and a strong sense of community. 3. Housing Market: The housing market in Walnut Springs offers a range of options, from historic homes to newly constructed properties. The median home price is below the national average, making it an affordable option for first-time homebuyers. 4. Main Attractions: Walnut Springs is known for its natural beauty, with nearby parks and hiking trails for outdoor enthusiasts. The town also has a rich history, with historic sites and local events that celebrate its heritage.
Benefits of FHA Down Payment Assistance Home Loan in Walnut Springs, Texas