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 Axis, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Axis, AL provides a financial boost to eligible homebuyers in Axis, 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 Axis, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Axis, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Axis, 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 Axis, 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 Axis, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Axis, 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 Axis, 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 Axis, 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 of FHA Down Payment Assistance Home Loan: This type of loan can help homebuyers in Axis, Alabama, achieve their dream of homeownership with lower down payment requirements and competitive interest rates, making it more accessible for first-time buyers. Demographics: Axis, Alabama, has a population of approximately X, with a median household income of $X. The majority of residents are families looking for affordable housing options, making FHA loans a popular choice in this area. Housing Market: The housing market in Axis is characterized by affordable home prices and a stable market, with a variety of housing options available to cater to different needs. The availability of FHA loans further boosts the housing market by providing support to potential buyers. Main Attractions: Axis, Alabama, is known for its scenic beauty, outdoor recreational activities, and close-knit community. Residents can enjoy exploring local parks, trails, and community events, making it an attractive place to call home.
FHA Down Payment Assistance Home Loan in Axis, Alabama
