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 Bellwood, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bellwood, AL provides a financial boost to eligible homebuyers in Bellwood, 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 Bellwood, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bellwood, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bellwood, 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 Bellwood, 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 Bellwood, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bellwood, 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 Bellwood, 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 Bellwood, 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 offer low down payment options, making homeownership more accessible to first-time buyers. This can help reduce initial costs and provide affordable monthly payments. Demographics in Bellwood, Alabama show a diverse community with a mix of young families and retirees. The town has a strong sense of community, with excellent schools and healthcare facilities, making it an attractive place to raise a family or retire. The housing market in Bellwood is stable with a range of housing options available, from single-family homes to apartments. The median home price is affordable, making it an ideal location for those looking to invest in real estate or purchase their first home. Main attractions in Bellwood include the picturesque Bellwood Lake, ideal for fishing and boating enthusiasts. The town also offers a variety of parks, restaurants, and cultural events, providing residents with a vibrant and welcoming community.
Benefits of FHA Down Payment Assistance Home Loan in Bellwood, Alabama
