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 Camden, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Camden, AL provides a financial boost to eligible homebuyers in Camden, 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 Camden, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Camden, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Camden, 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 Camden, 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 Camden, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Camden, 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 Camden, 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 Camden, 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 in Camden, Alabama offer low down payment options, making homeownership more accessible to individuals and families. This financial assistance can help borrowers achieve their dream of owning a home without the burden of a large initial payment. Demographically, Camden, Alabama has a diverse community with a mix of residents of different ages, ethnicities, and backgrounds. The town is known for its friendly and welcoming atmosphere, creating a close-knit community where neighbors look out for one another. In terms of the housing market, Camden, Alabama offers a range of affordable housing options suitable for various budgets. The market is stable, with a steady demand for properties, making it an attractive location for both homebuyers and investors. Some main attractions in Camden include the Roland Cooper State Park, offering outdoor recreational activities such as camping, fishing, and hiking. The town also boasts historical sites like the Wilcox Female Institute and the Camden Confederate Cemetery, providing a glimpse into its rich past.
The Benefits of FHA Down Payment Assistance Home Loans in Camden, Alabama
