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 Athens, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Athens, AL provides a financial boost to eligible homebuyers in Athens, 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 Athens, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Athens, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Athens, 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 Athens, 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 Athens, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Athens, 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 Athens, 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 Athens, 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 Athens, Alabama offer lower down payment requirements, making home ownership more achievable for first-time buyers. With these loans, individuals with lower credit scores can qualify, expanding the pool of eligible buyers. Demographically, Athens, Alabama, is a diverse and growing community with a mix of young families, retirees, and professionals. The city has a strong sense of community and offers a range of educational opportunities, from top-rated schools to higher education institutions. The housing market in Athens is competitive yet relatively affordable compared to nearby cities. The availability of FHA Down Payment Assistance Home Loans makes purchasing properties more accessible, leading to an increase in home ownership rates and boosting the local real estate market. Some of the main attractions in Athens include the historic districts, outdoor recreational areas like the Big Spring Park, and cultural events that showcase the city's charm. The area's rich history and vibrant community make it an appealing place to live for residents of all ages.
Benefits of FHA Down Payment Assistance Home Loan in Athens, Alabama
