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 Centreville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Centreville, AL provides a financial boost to eligible homebuyers in Centreville, 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 Centreville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Centreville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Centreville, 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 Centreville, 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 Centreville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Centreville, 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 Centreville, 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 Centreville, 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 offer a lower down payment requirement, helping individuals and families in Centreville, Alabama, to own a home with a smaller upfront financial commitment. Centreville, Alabama, with a population of approximately 2,778, is a welcoming community with a suburban feel. The town boasts a diverse population, including families, young professionals, and retirees, creating a vibrant and inclusive atmosphere. The housing market in Centreville, Alabama, is competitive yet relatively affordable compared to larger cities in the state. The median home price is $120,000, making homeownership achievable for many with the assistance of programs like FHA loans. Centreville offers a range of attractions, from the Cahaba River to the Cahaba River National Wildlife Refuge, providing opportunities for outdoor enthusiasts. The town also features historical sites like the Colonel Tandy Gardens and Old Courthouse Museum, showcasing its rich heritage.
The Benefits of FHA Down Payment Assistance Home Loan in Centreville, Alabama
