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 Buhl, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buhl, AL provides a financial boost to eligible homebuyers in Buhl, 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 Buhl, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buhl, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buhl, 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 Buhl, 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 Buhl, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buhl, 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 Buhl, 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 Buhl, 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 of FHA Down Payment Assistance Home Loan: 1. Low down payment requirements make homeownership more accessible for first-time buyers. 2. Competitive interest rates for qualified borrowers, potentially lowering overall cost of the loan. 3. Flexibility in credit requirements can benefit borrowers with less-than-perfect credit scores. Demographics: Buhl, Alabama, has a population of approximately X, with a median household income of $X. The town boasts a diverse community with a mix of families and professionals. Housing Market: The housing market in Buhl offers a range of options, from cozy starter homes to spacious family residences. The median home value is $X, with a stable market that presents opportunities for both buyers and sellers. Main Attractions: Visitors and residents alike can enjoy the scenic Lake Lurleen State Park for outdoor activities. Additionally, exploring the historic Buhl community and its local shops and restaurants is a charming way to spend leisure time.
FHA Down Payment Assistance Home Loan in Buhl, Alabama
