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 Waring, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Waring, TX provides a financial boost to eligible homebuyers in Waring, 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 Waring, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Waring, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Waring, 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 Waring, 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 Waring, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Waring, 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 Waring, 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 Waring, 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.
FHA Down Payment Assistance Home Loan program offers numerous benefits for homebuyers in Waring, Texas. It allows for lower down payments, making home ownership more accessible to a wider range of individuals, including first-time buyers and those with limited funds for a down payment. Demographics: Waring, Texas, has a diverse population with a mix of young professionals, families, and retirees. The community is known for its welcoming atmosphere and strong sense of community, creating an ideal place to settle down and call home. Housing Market: The housing market in Waring, Texas, offers a variety of options, from charming historic homes to modern developments. With the assistance of FHA loans, buyers can find affordable housing options that suit their needs and budget, making the dream of homeownership a reality. Main Attractions: Waring, Texas, boasts a range of attractions, including beautiful parks, hiking trails, and local shops and restaurants. Residents can enjoy a blend of outdoor recreation and small-town charm, making it a desirable place to live and invest in a home.
Benefits of FHA Down Payment Assistance Home Loan in Waring, Texas
