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 Wellington, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wellington, TX provides a financial boost to eligible homebuyers in Wellington, 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 Wellington, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wellington, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wellington, 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 Wellington, 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 Wellington, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wellington, 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 Wellington, 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 Wellington, 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 in Wellington, Texas offer several advantages to first-time homebuyers and those with limited financial resources. These loans require a lower down payment, making home ownership more accessible to a wider range of individuals. Furthermore, FHA loans often have lower credit score requirements, making them ideal for those with less-than-perfect credit histories. This can be particularly beneficial for young families or individuals looking to establish themselves in the housing market. Additionally, FHA loans typically offer competitive interest rates, potentially saving borrowers thousands of dollars over the life of the loan. This can make a significant difference in the long-term affordability of homeownership in Wellington, Texas.
Benefits of FHA Down Payment Assistance Home Loan in Wellington, Texas
