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 Beaverton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Beaverton, AL provides a financial boost to eligible homebuyers in Beaverton, 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 Beaverton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Beaverton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Beaverton, 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 Beaverton, 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 Beaverton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Beaverton, 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 Beaverton, 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 Beaverton, 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 Loan in Beaverton, Alabama offers lower down payment requirements, making homeownership more accessible to a wider range of individuals. This can be especially beneficial for first-time homebuyers who may not have substantial savings. Demographically, Beaverton, Alabama, is a small town with a close-knit community. The population consists of mainly families and retirees looking for a peaceful environment to settle down. The town has a mix of rural and suburban characteristics, offering a laid-back lifestyle. The housing market in Beaverton, Alabama, is relatively stable with affordable home prices compared to nearby urban areas. The FHA Down Payment Assistance Home Loan can help potential buyers take advantage of these affordable housing options and invest in a property that suits their needs. Some main attractions in Beaverton include the scenic hiking trails in the surrounding nature reserves, the local farmers' market where residents can purchase fresh produce, and the community events that bring neighbors together. The town exudes a charm that is hard to find in larger cities.
Benefits of FHA Down Payment Assistance Home Loan in Beaverton, Alabama
