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 Brewton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Brewton, AL provides a financial boost to eligible homebuyers in Brewton, 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 Brewton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Brewton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Brewton, 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 Brewton, 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 Brewton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Brewton, 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 Brewton, 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 Brewton, 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: An FHA down payment assistance home loan in Brewton, Alabama offers lower down payment requirements, competitive interest rates, and easier qualification criteria, making homeownership more achievable for first-time buyers and those with limited financial resources. Demographics: Brewton, Alabama, is a charming city with a population that reflects a mix of age groups, including young families, professionals, and retirees. The community is known for its friendly residents and strong sense of local pride. Housing Market: The housing market in Brewton, Alabama, is stable with a range of housing options available, from historic homes to modern developments. The availability of FHA down payment assistance programs has made it easier for residents to purchase their dream homes. Main Attractions: Brewton offers a variety of attractions, including the annual Alabama Blueberry Festival, the historic Burnt Corn Creek Park, and the charming downtown area with unique shops and restaurants. Residents also enjoy easy access to outdoor recreational activities like hiking, fishing, and golfing in the picturesque surroundings.
FHA Down Payment Assistance Home Loan in Brewton, Alabama
