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 Arlington, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Arlington, AL provides a financial boost to eligible homebuyers in Arlington, 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 Arlington, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Arlington, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Arlington, 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 Arlington, 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 Arlington, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Arlington, 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 Arlington, 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 Arlington, 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.
Benefits: The FHA Down Payment Assistance Home Loan in Arlington, Alabama, offers low down payment requirements, making homeownership more accessible. This loan program also provides competitive interest rates and flexible qualification guidelines, assisting individuals who may not qualify for conventional loans. Demographics: Arlington, Alabama, is a small town with a population of approximately 2,500 residents. The community is known for its tight-knit atmosphere, friendly neighbors, and strong sense of community spirit. Housing Market: The housing market in Arlington offers a mix of historic properties and modern homes. With the assistance of FHA Down Payment Assistance, potential homebuyers can explore various housing options within their budget, contributing to the growth and stability of the local real estate market. Main Attractions: Arlington boasts a picturesque downtown area, outdoor recreational spaces, and a rich cultural heritage. Residents and visitors can enjoy activities such as hiking in the nearby national forest, visiting local art galleries, and attending community events that celebrate the town's history.
FHA Down Payment Assistance Home Loan in Arlington, Alabama
