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 Delta, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Delta, AL provides a financial boost to eligible homebuyers in Delta, 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 Delta, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Delta, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Delta, 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 Delta, 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 Delta, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Delta, 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 Delta, 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 Delta, 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.
The FHA Down Payment Assistance Home Loan in Delta, Alabama, provides numerous benefits for prospective homeowners. One of the main advantages is the lower down payment requirement, making homeownership more accessible for individuals with limited savings. Additionally, FHA loans offer competitive interest rates, helping borrowers save money over the life of the loan. Demographically, Delta, Alabama, is a diverse community with a mix of young professionals, families, and retirees. The town has a strong sense of community and offers various amenities such as parks, schools, and local businesses, making it an attractive place to live for individuals of all ages. In terms of the housing market, Delta, Alabama, has seen steady growth in property values over the past few years. The availability of FHA Down Payment Assistance Home Loans has further boosted the real estate market by increasing the number of potential buyers and driving demand for homes in the area. Main attractions in Delta, Alabama, include the picturesque Delta River, perfect for outdoor activities such as fishing and boating. The town also boasts a vibrant downtown area with shops, restaurants, and cultural events, providing residents with a variety of entertainment options.
FHA Down Payment Assistance Home Loan in Delta, Alabama
