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 Woodway, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Woodway, TX provides a financial boost to eligible homebuyers in Woodway, 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 Woodway, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Woodway, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Woodway, 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 Woodway, 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 Woodway, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Woodway, 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 Woodway, 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 Woodway, 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 Woodway, Texas offers a great opportunity for first-time homebuyers to achieve their dream of homeownership. The program provides financial assistance towards the down payment, making it easier for individuals to qualify for a mortgage and purchase a home. Demographics: Woodway, Texas, is a vibrant community with a population that is diverse in age and background. The town boasts a strong sense of community spirit and offers a mix of suburban and rural living, making it an ideal place for families, professionals, and retirees alike. Housing Market: Woodway, Texas, has a stable housing market with a range of housing options available, from single-family homes to townhouses. The affordability of homes in Woodway, combined with the benefits of the FHA Down Payment Assistance program, makes it an attractive destination for homebuyers looking to settle down in a welcoming and growing community. Main Attractions: Woodway, Texas, is known for its beautiful parks, scenic trails, and vibrant local dining scene. Residents can enjoy outdoor activities at the Carleen Bright Arboretum, explore the Woodway Family Center, and savor delicious meals at the town's various dining establishments.
Benefits of FHA Down Payment Assistance Home Loan in Woodway, Texas
