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 Centre, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Centre, AL provides a financial boost to eligible homebuyers in Centre, 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 Centre, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Centre, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Centre, 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 Centre, 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 Centre, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Centre, 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 Centre, 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 Centre, 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 Loan provides a great opportunity for homebuyers in Centre, Alabama. This program offers financial help in the form of down payment assistance, making homeownership more accessible and affordable. Centre, Alabama, is a vibrant community with a diverse population. The town has a mix of rural charm and modern amenities, making it an ideal place to live for people of all ages and backgrounds. The housing market in Centre, Alabama, is competitive yet affordable. With the assistance of FHA Down Payment Assistance Home Loan, first-time homebuyers can enter the market with greater ease and take advantage of the low interest rates and favorable loan terms. Main attractions in Centre, Alabama, include the beautiful Weiss Lake, where residents and visitors can enjoy fishing, boating, and other water activities. Additionally, the town boasts charming local shops, restaurants, and parks that cater to various interests.
FHA Down Payment Assistance Home Loan in Centre, Alabama