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 Welch, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Welch, TX provides a financial boost to eligible homebuyers in Welch, 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 Welch, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Welch, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Welch, 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 Welch, 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 Welch, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Welch, 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 Welch, 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 Welch, 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.
Welch, Texas offers a unique opportunity for home buyers through FHA down payment assistance home loans. These loans provide benefits such as lower down payment requirements, making homeownership more accessible for individuals and families. Additionally, borrowers may qualify for lower interest rates and have more flexibility with credit scores, making it easier to secure financing. Demographically, Welch, Texas is a diverse community with a mix of young professionals, families, and retirees. The town is known for its strong sense of community and affordable cost of living, making it an attractive option for individuals looking to settle down and invest in their future. In terms of the housing market, Welch offers a range of options for home buyers, from cozy single-family homes to spacious ranch-style properties. The market is stable, with moderate appreciation rates and a variety of financing options available to buyers, including FHA down payment assistance programs. Main attractions in Welch include its proximity to outdoor recreational areas, such as parks and lakes, making it an ideal location for nature enthusiasts. The town also boasts a vibrant downtown area with local shops and restaurants, providing residents with a quaint and charming atmosphere to enjoy.
FHA Down Payment Assistance Home Loan Benefits in Welch, Texas
