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 Castleberry, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Castleberry, AL provides a financial boost to eligible homebuyers in Castleberry, 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 Castleberry, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Castleberry, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Castleberry, 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 Castleberry, 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 Castleberry, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Castleberry, 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 Castleberry, 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 Castleberry, 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: FHA down payment assistance home loans in Castleberry, Alabama provide financial aid to eligible homebuyers, making homeownership more accessible. These loans offer low down payment options, competitive interest rates, and easier qualification criteria. Demographics: Castleberry, Alabama, is a small town with a tight-knit community. The population is diverse, with a mix of families, young professionals, and retirees. The town offers a peaceful environment, perfect for those seeking a quiet place to call home. Housing Market: The housing market in Castleberry is stable, with a range of affordable housing options available. The FHA down payment assistance program can help first-time buyers secure a home in this market, contributing to the growth and development of the community. Main Attractions: Castleberry boasts scenic natural beauty, with parks, trails, and outdoor recreational activities. The town also has historic landmarks, local shops, and dining options that showcase its charm and character, making it a desirable place to live.
FHA Down Payment Assistance Home Loan in Castleberry, Alabama
