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 Washington, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Washington, TX provides a financial boost to eligible homebuyers in Washington, 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 Washington, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Washington, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Washington, 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 Washington, 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 Washington, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Washington, 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 Washington, 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 Washington, 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 in Washington, Texas offers numerous benefits to potential home buyers. One of the primary advantages is the lower down payment requirement, making homeownership more accessible to individuals who may not have a large sum of money saved. Additionally, FHA loans often have lower credit score requirements, allowing more people to qualify for a home loan. Demographics: Washington, Texas, is a diverse community with a mix of families, young professionals, and retirees. The population reflects a blend of different cultures and backgrounds, contributing to a rich and vibrant community atmosphere. Housing Market: The housing market in Washington, Texas, is dynamic and offers a range of options for homebuyers. From historic homes with character to modern developments, there is something for everyone. With the assistance of FHA loans, more people can fulfill their dream of owning a home in this thriving market. Main Attractions: Washington, Texas, boasts a variety of attractions for residents and visitors alike. The town is known for its charming downtown area, filled with local shops and restaurants. Outdoor enthusiasts can explore the beautiful parks and trails in the area, while history buffs will appreciate the town's historic sites and museums.
Benefits of FHA Down Payment Assistance Home Loan