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 Carrollton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Carrollton, AL provides a financial boost to eligible homebuyers in Carrollton, 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 Carrollton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Carrollton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Carrollton, 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 Carrollton, 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 Carrollton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Carrollton, 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 Carrollton, 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 Carrollton, 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 Carrollton, Alabama provide a valuable opportunity for first-time homebuyers to achieve homeownership with a lower down payment requirement. This program offers financial assistance to help individuals and families qualify for a loan, making buying a home more accessible and affordable. Demographically, Carrollton, Alabama is a quaint town with a population of approximately 1,000 residents. The community is known for its friendly atmosphere and strong sense of unity. The town has a mix of residents of different ages and backgrounds, creating a diverse and welcoming environment. The housing market in Carrollton, Alabama is stable with a range of housing options available, including single-family homes and cozy apartments. The city offers affordable housing prices compared to larger urban areas, making it an attractive location for individuals looking to own property in a close-knit community. Some main attractions in Carrollton, Alabama include the historic Pickens County Courthouse, which showcases the town's architectural heritage. Additionally, the nearby Tannehill State Park offers outdoor recreational activities such as hiking, picnicking, and camping for residents to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Carrollton, Alabama
