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 Dutton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Dutton, AL provides a financial boost to eligible homebuyers in Dutton, 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 Dutton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Dutton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Dutton, 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 Dutton, 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 Dutton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Dutton, 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 Dutton, 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 Dutton, 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 in Dutton, Alabama provides a great opportunity for first-time homebuyers to own a home with a lower down payment requirement. This program helps reduce the initial financial burden on buyers, making owning a home more achievable and affordable. Additionally, FHA loans offer competitive interest rates and flexible qualification criteria, making home ownership more accessible to a wider range of individuals. Demographics Dutton, Alabama, has a population of approximately X, with a median household income of $XX. The majority of residents are families, and the community has a strong sense of unity and pride. Housing Market The housing market in Dutton is stable, with a mix of single-family homes and some multi-family dwellings. The average home price is $XX, making it an affordable option for many buyers. Main Attractions Dutton offers a range of attractions, including beautiful parks, hiking trails, and local shops. The community is known for its friendly atmosphere and welcoming nature.
Benefits of FHA Down Payment Assistance Home Loan in Dutton, Alabama
