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 Calvert, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Calvert, AL provides a financial boost to eligible homebuyers in Calvert, 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 Calvert, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Calvert, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Calvert, 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 Calvert, 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 Calvert, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Calvert, 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 Calvert, 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 Calvert, 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: The FHA loan program in Calvert, Alabama offers various benefits such as low down payment requirements, competitive interest rates, and flexible credit score criteria, making homeownership more accessible and affordable for first-time buyers. Demographics: Calvert, Alabama, is a diverse community with a mix of young professionals, families, and retirees. The population is around X residents, with a median household income of $X. The town boasts a strong sense of community and offers a range of amenities for residents. Housing Market: The housing market in Calvert is experiencing steady growth, with a range of housing options available from single-family homes to apartments. The median home value is $X, making it an attractive option for buyers looking for affordable housing in a peaceful setting. Main Attractions: Some of the main attractions in Calvert include the beautiful Calvert Historic District, the Calvert Beach State Park offering outdoor recreational activities, and the Calvert Museum showcasing the town's rich history and culture.
FHA Down payment Assistance Home Loan in Calvert, Alabama
