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 Wharton, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wharton, TX provides a financial boost to eligible homebuyers in Wharton, 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 Wharton, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wharton, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wharton, 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 Wharton, 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 Wharton, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wharton, 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 Wharton, 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 Wharton, 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 Loan in Wharton, Texas can provide numerous benefits to potential homebuyers. These loans typically require a lower down payment compared to conventional loans, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have more flexible credit requirements, allowing individuals with less-than-perfect credit to qualify. Demographically, Wharton, Texas is a diverse community with a mix of young professionals, families, and retirees. The city boasts a growing population and a strong sense of community. With a range of housing options available, Wharton offers something for everyone, from historic homes to modern developments. The housing market in Wharton, Texas is competitive yet affordable, making it an attractive location for both first-time homebuyers and seasoned investors. The city has seen steady appreciation in home values over the years, making it a sound investment for those looking to build equity. With a variety of neighborhoods to choose from, buyers can find the perfect home to suit their needs. Some main attractions in Wharton include the Wharton County Historical Museum, the 20-acre Wharton City Park, and the historic Courthouse Square. Outdoor enthusiasts can enjoy activities like fishing and boating on the Colorado River, while foodies will appreciate the local dining scene featuring a mix of southern comfort food and international cuisine.
Benefits of FHA Down Payment Assistance Home Loan in Wharton, Texas
