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 Ashland, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ashland, AL provides a financial boost to eligible homebuyers in Ashland, 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 Ashland, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ashland, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ashland, 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 Ashland, 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 Ashland, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ashland, 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 Ashland, 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 Ashland, 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.
FHA Down Payment Assistance Home Loans in Ashland, Alabama offer several benefits such as lower down payment requirements, easier credit qualifications, and competitive interest rates. This program can help first-time homebuyers achieve their dream of homeownership. Demographics: Ashland, Alabama, has a population of around XXXX residents. The town has a diverse community with a mix of age groups and occupations, making it a welcoming place for families and individuals alike. Housing Market: The housing market in Ashland, Alabama, is stable and offers a variety of options ranging from historic homes to modern developments. With the FHA Down Payment Assistance Program, more buyers can access affordable housing options in the area. Main Attractions: Ashland, Alabama, boasts scenic parks, historic sites, and cultural events that make it a vibrant community. From Oak Mountain State Park to the Talladega National Forest, outdoor enthusiasts and nature lovers will find plenty to explore in this charming town.
Benefits of FHA Down Payment Assistance Home Loan in Ashland, Alabama
