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 Wells, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wells, TX provides a financial boost to eligible homebuyers in Wells, 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 Wells, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wells, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wells, 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 Wells, 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 Wells, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wells, 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 Wells, 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 Wells, 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 numerous benefits for potential homebuyers in Wells, Texas. One of the key advantages is the lower down payment requirement, making homeownership more accessible to a wider range of individuals. This type of loan also provides competitive interest rates and flexible qualification criteria, making it an attractive option for first-time buyers or those with less-than-perfect credit. Demographically, Wells, Texas, is a diverse community with a mix of residents from various backgrounds. The town has a vibrant cultural scene and a strong sense of community spirit. With a growing population of young professionals and families, Wells offers a dynamic and welcoming environment for new homeowners. In terms of the housing market, Wells, Texas, presents a range of opportunities for both buyers and sellers. The market offers a mix of property types, from cozy single-family homes to spacious estates. With the assistance of FHA loans, buyers can take advantage of favorable financing options to secure their dream home in this desirable area. Some of the main attractions in Wells, Texas, include the beautiful natural landscapes, such as parks and lakes, that offer recreational activities for residents. The town also boasts a rich historical heritage, with notable landmarks and museums that showcase its unique charm. Additionally, Wells offers a variety of dining and shopping options, making it a vibrant and fulfilling place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Wells, Texas
