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 Butler, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Butler, AL provides a financial boost to eligible homebuyers in Butler, 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 Butler, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Butler, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Butler, 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 Butler, 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 Butler, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Butler, 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 Butler, 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 Butler, 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.
Benefiting from an FHA Down Payment Assistance Home Loan in Butler, Alabama provides aspiring homeowners with the opportunity to purchase a house with a low down payment, making homeownership more achievable. This program offers competitive interest rates and is more accessible to individuals with lower credit scores compared to traditional loans. In terms of demographics, Butler, Alabama, is a vibrant community with a diverse population. The town is known for its friendly atmosphere and strong sense of community, making it an ideal place to settle down and raise a family. The housing market in Butler, Alabama, offers a range of options from cozy single-family homes to spacious properties, catering to various preferences and budgets. With the assistance of FHA loans, more individuals can fulfill their dream of owning a home in this charming town. Butler, Alabama, is rich in attractions, from serene parks and outdoor recreation areas to historical landmarks that showcase the town's unique heritage. Residents and visitors alike can enjoy a mix of cultural experiences and natural beauty in this welcoming community.
FHA Down Payment Assistance Home Loan in Butler, Alabama
