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 Brent, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Brent, AL provides a financial boost to eligible homebuyers in Brent, 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 Brent, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Brent, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Brent, 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 Brent, 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 Brent, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Brent, 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 Brent, 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 Brent, 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 a valuable opportunity for homebuyers in Brent, Alabama. These loans require a lower down payment, making homeownership more accessible to individuals who may not have substantial savings for a traditional down payment. Demographics: Brent, Alabama, is a diverse community with a population that values homeownership. The city has a mix of young professionals, families, and retirees, creating a vibrant and inclusive atmosphere. Housing Market: Brent's housing market is competitive yet stable. The availability of FHA Down Payment Assistance Home Loans has boosted the real estate sector, providing more options for both buyers and sellers in the area. Main Attractions: Brent is known for its close-knit community, beautiful parks, and convenient access to outdoor activities like hiking and fishing. The city's rich cultural heritage and welcoming environment make it an ideal place to call home.
Benefits of FHA Down Payment Assistance Home Loans
