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 Wylie, TX for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wylie, TX provides a financial boost to eligible homebuyers in Wylie, 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 Wylie, TX can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wylie, TX. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wylie, 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 Wylie, 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 Wylie, TX, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wylie, 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 Wylie, 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 Wylie, 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 Wylie, Texas offers several benefits to potential homebuyers. One of the primary advantages is the lower down payment requirement, making homeownership more accessible for individuals with limited savings. Additionally, these loans often come with competitive interest rates, potentially saving borrowers money over the life of the loan. Demographically, Wylie, Texas is a diverse and growing community located in Collin County. The area has a mix of young families, professionals, and retirees, contributing to a vibrant and inclusive atmosphere. The city also boasts a strong sense of community, with various events and activities that bring residents together. Regarding the housing market, Wylie offers a range of options for homebuyers, from modern developments to charming historic properties. The market is currently experiencing steady growth, making it an attractive location for both first-time buyers and investors. With the assistance of FHA loans, individuals can take advantage of the market's positive trends to secure their dream home. Some main attractions in Wylie include the scenic Lavon Lake, which provides opportunities for boating and fishing, as well as parks and trails for outdoor recreation. The historic downtown area is filled with unique shops and restaurants, offering a charming setting for residents and visitors alike to explore and enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Wylie, Texas
