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 Wellborn, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wellborn, TX provides a financial boost to eligible homebuyers in Wellborn, 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 Wellborn, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wellborn, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wellborn, 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 Wellborn, 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 Wellborn, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wellborn, 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 Wellborn, 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 Wellborn, 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 Loans offer various benefits such as low down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. This program enables first-time homebuyers and individuals with lower credit scores to realize their homeownership dreams. Wellborn, Texas, a charming community with a population of approximately X,YYY residents, offers a peaceful suburban lifestyle. The town boasts a diverse demographic mix, including young families, professionals, and retirees, creating a vibrant and inclusive community atmosphere. The housing market in Wellborn is stable, with a mix of affordable single-family homes, townhouses, and apartments. The availability of FHA Down Payment Assistance Home Loans further fuels real estate activity, making homeownership more accessible to a broader range of individuals. Wellborn's proximity to local attractions such as parks, museums, and cultural sites makes it an ideal place to call home. Residents can enjoy outdoor activities at XYZ Park, explore the history of the region at the ABC Museum, and indulge in local cuisine at popular restaurants.
FHA Down Payment Assistance Home Loan Benefits in Wellborn, Texas