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 Waskom, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Waskom, TX provides a financial boost to eligible homebuyers in Waskom, 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 Waskom, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Waskom, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Waskom, 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 Waskom, 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 Waskom, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Waskom, 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 Waskom, 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 Waskom, 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 loans provide opportunities for homebuyers with lower credit scores to qualify for financing by offering lower down payment requirements compared to conventional loans. This makes homeownership more accessible to a wider range of individuals in Waskom, Texas. Demographically, Waskom, Texas, is a small yet vibrant community with a population that cherishes its tight-knit feel. The town is known for its southern hospitality, strong community spirit, and diverse cultural heritage. Residents enjoy a peaceful and family-friendly environment. The housing market in Waskom presents affordable options for first-time buyers and those looking to invest in real estate. With the assistance of FHA loans, prospective homeowners can take advantage of favorable interest rates and flexible credit requirements, making purchasing a home in Waskom an attractive prospect. Some popular attractions in Waskom and its surrounding areas include the Waskom Historical Museum, Caddo Lake State Park for outdoor enthusiasts, and local eateries serving delicious Southern cuisine. The town offers a relaxed pace of life while providing easy access to larger cities like Shreveport, Louisiana.
Benefits of FHA Down Payment Assistance Home Loan in Waskom, Texas
