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 Wheeler, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wheeler, TX provides a financial boost to eligible homebuyers in Wheeler, 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 Wheeler, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wheeler, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wheeler, 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 Wheeler, 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 Wheeler, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wheeler, 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 Wheeler, 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 Wheeler, 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.
One of the main benefits of a FHA down payment assistance home loan in Wheeler, Texas is the lower down payment requirements, making homeownership more accessible for first-time buyers or those with limited savings. Additionally, these loans often have competitive interest rates and allow for more flexible qualification criteria. Located in the eastern part of the Texas Panhandle, Wheeler has a population of approximately 5,400 residents. The demographics here include a mix of young families, retirees, and working professionals. The town boasts a close-knit community with a strong sense of pride in their local heritage. In terms of the housing market, Wheeler offers a range of options from historic homes to modern developments. The median home value is around $90,000, making it an affordable place to live. With the assistance of FHA loans, prospective buyers can find suitable housing options that fit their budget and needs. Wheeler is known for its charming downtown area, featuring local shops, restaurants, and parks. The town is also surrounded by natural beauty, including the nearby Red River and the picturesque Texas countryside, making it an ideal location for outdoor enthusiasts and nature lovers.
FHA Down Payment Assistance Home Loan in Wheeler, Texas
