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 Wichita Falls, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wichita Falls, TX provides a financial boost to eligible homebuyers in Wichita Falls, 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 Wichita Falls, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wichita Falls, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wichita Falls, 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 Wichita Falls, 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 Wichita Falls, 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 Wichita Falls offer numerous benefits to potential home buyers. These loans require only a 3.5% down payment, making homeownership more accessible to individuals who may not have a large sum saved up for a traditional down payment. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to qualify for a mortgage. Demographically, Wichita Falls, Texas, is a vibrant city with a population of around 100,000. The city has a diverse community, with a mix of young professionals, families, and retirees. The cost of living in Wichita Falls is affordable, making it an attractive option for those looking to buy a home or relocate. The housing market in Wichita Falls is competitive yet affordable. With the availability of FHA Down Payment Assistance Home Loans, more residents have the opportunity to purchase homes. The market offers a variety of housing options, from historic homes in charming neighborhoods to modern developments with amenities. Wichita Falls boasts a range of attractions for residents and visitors alike. The city is home to the stunning Lucy Park, where outdoor enthusiasts can enjoy walking trails, picnicking, and river views. The Wichita Falls Museum of Art at MSU Texas showcases local and regional art, while the River Bend Nature Center offers educational programs and exhibits for nature lovers.
FHA Down Payment Assistance Home Loans in Wichita Falls, Texas
