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 Calera, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Calera, AL provides a financial boost to eligible homebuyers in Calera, 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 Calera, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Calera, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Calera, 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 Calera, 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 Calera, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Calera, 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 Calera, 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 Calera, 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 numerous benefits for homebuyers in Calera, Alabama. These loans require a lower down payment and offer competitive interest rates, making homeownership more accessible to a broader range of individuals. Demographics in Calera show a diverse community with a mix of young families, professionals, and retirees. The town has experienced steady growth in recent years, attracting residents looking for a peaceful suburban lifestyle with easy access to urban amenities. The housing market in Calera is thriving, with a variety of housing options available at different price points. From single-family homes to modern apartments, there is something for everyone in this vibrant market supported by the FHA Down Payment Assistance program. Main attractions in Calera include the Heart of Dixie Railroad Museum, which showcases the town's rich history, and the scenic trails of the Oak Mountain State Park, offering outdoor recreational opportunities for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Calera, Alabama
