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 Winona, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Winona, TX provides a financial boost to eligible homebuyers in Winona, 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 Winona, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Winona, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Winona, 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 Winona, 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 Winona, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Winona, 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 Winona, 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 Winona, 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.
An FHA Down Payment Assistance Home Loan in Winona, Texas, offers numerous benefits to homebuyers. First and foremost, it reduces the upfront costs associated with purchasing a home, making homeownership more accessible to individuals and families. This assistance program can help potential buyers overcome financial barriers and achieve their dream of owning a home. Winona, Texas, boasts a diverse demographic profile with a mix of families, young professionals, and retirees. The town's population is known for its friendly and close-knit community, offering a warm and welcoming environment for residents. With access to good schools and healthcare facilities, Winona is an ideal place to raise a family and enjoy a high quality of life. The housing market in Winona, Texas, is currently experiencing steady growth and stability. The availability of FHA Down Payment Assistance Home Loans has contributed to an increase in homebuying activity, with more first-time buyers entering the market. Real estate prices are competitive, offering affordable options for those looking to invest in property in Winona.
Benefits of FHA Down Payment Assistance Home Loan in Winona, Texas
