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 Blountsville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Blountsville, AL provides a financial boost to eligible homebuyers in Blountsville, 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 Blountsville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Blountsville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Blountsville, 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 Blountsville, 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 Blountsville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Blountsville, 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 Blountsville, 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 Blountsville, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Blountsville, Alabama, is the opportunity for individuals with lower credit scores to qualify for a home loan. This program offers a lower down payment requirement, making homeownership more accessible to a wider range of potential buyers. Demographically, Blountsville, Alabama, is a small town with a close-knit community. The population is predominantly made up of families and working professionals looking for a peaceful place to call home. With a mix of rural charm and modern amenities, Blountsville offers a comfortable and welcoming atmosphere for residents. In terms of the housing market, Blountsville provides a range of housing options, from cozy single-family homes to spacious properties with scenic views. The market is relatively stable, with affordable prices compared to neighboring areas, making it an attractive location for first-time homebuyers and those looking to invest in real estate. Main attractions in Blountsville include the picturesque Rickwood Caverns State Park, offering opportunities for outdoor recreation, and the Blount County Historical Museum, which provides insights into the town's rich history. Additionally, the local community hosts events such as farmers markets and festivals, showcasing the town's vibrant culture.
Benefits of FHA Down Payment Assistance Home Loan in Blountsville, Alabama
