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 Abernant, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Abernant, AL provides a financial boost to eligible homebuyers in Abernant, AL, 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 Abernant, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Abernant, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Abernant, AL, 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 Abernant, AL 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 Abernant, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Abernant, AL.
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 Abernant, AL. 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 Abernant, AL 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 key benefits of an FHA Down Payment Assistance Home Loan in Abernant, Alabama is that it allows prospective homebuyers to purchase a house with a lower down payment requirement, making homeownership more accessible. This can be especially helpful for first-time homebuyers or those with limited funds for a down payment. Demographically, Abernant, Alabama is a small, close-knit community with a population of approximately X residents. The town has a diverse demographic makeup, with a mix of age groups and backgrounds. The sense of community is strong, and residents often come together for local events and celebrations. In terms of the housing market, Abernant offers a range of housing options, from cozy single-family homes to spacious apartments. The market is characterized by affordable prices compared to neighboring areas, making it an attractive location for those looking to buy their first home or invest in real estate. Main attractions in Abernant include the beautiful Abernant Lake, which provides opportunities for fishing, boating, and picnicking. Additionally, the town is home to several parks and recreational facilities, making it a great place for outdoor enthusiasts and families looking for quality leisure time.
FHA Down Payment Assistance Home Loan in Abernant, Alabama
