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 Daleville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Daleville, AL provides a financial boost to eligible homebuyers in Daleville, 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 Daleville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Daleville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Daleville, 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 Daleville, 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 Daleville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Daleville, 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 Daleville, 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 Daleville, 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: The FHA Down Payment Assistance program in Daleville, Alabama, offers eligible homebuyers the advantage of a lower down payment requirement, making homeownership more accessible. This financial assistance can help individuals and families achieve their dream of owning a home without requiring a large upfront cash payment. Demographics: Daleville is a diverse community with a population of around 5,295 residents. The town has a mix of ages, with a median age of 28 years old. The median household income is $46,380, and the cost of living is lower than the national average, making it an attractive option for prospective homebuyers. Housing Market: Daleville's housing market is competitive, with a median home value of $145,000. The market trends show a steady increase in property values, making it a good investment opportunity. The availability of FHA Down Payment Assistance programs further enhances the attractiveness of the real estate market in Daleville. Main Attractions: Daleville offers a range of attractions, including the Army Aviation Museum, providing a glimpse into the area's military history. Outdoor enthusiasts can enjoy Lake Tholocco and the nearby hiking trails. The town also boasts a variety of restaurants, shops, and community events for residents to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Daleville, Alabama
