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 Dixons Mills, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dixons Mills, AL provides a financial boost to eligible homebuyers in Dixons Mills, 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 Dixons Mills, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dixons Mills, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dixons Mills, 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 Dixons Mills, 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 Dixons Mills, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dixons Mills, 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 Dixons Mills, 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 Dixons Mills, 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 (DPA) home loans offer significant benefits to prospective homebuyers in Dixons Mills, Alabama. These loans provide assistance by reducing the upfront costs associated with buying a home, making homeownership more accessible and affordable for individuals and families. Demographics in Dixons Mills, Alabama, showcase a diverse community with a mix of age groups and cultural backgrounds. The population enjoys a rural setting with a strong sense of community, making it an ideal place for families and individuals looking for a close-knit neighborhood. The housing market in Dixons Mills, Alabama, offers a range of options for buyers, including single-family homes, apartments, and townhouses. The availability of FHA DPA loans further boosts the housing market by encouraging more people to invest in homeownership, leading to a stable and growing real estate market. Among the main attractions in Dixons Mills, Alabama, are its picturesque outdoor scenery, including parks, rivers, and recreational areas. The close proximity to nature provides residents with ample opportunities for outdoor activities, making it an attractive destination for those seeking a tranquil and scenic living environment.
Benefits of FHA Down Payment Assistance Home Loan in Dixons Mills, Alabama
