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 East Tallassee, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in East Tallassee, AL provides a financial boost to eligible homebuyers in East Tallassee, 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 East Tallassee, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in East Tallassee, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in East Tallassee, 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 East Tallassee, 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 East Tallassee, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in East Tallassee, 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 East Tallassee, 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 East Tallassee, 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 East Tallassee, Alabama, offers numerous benefits to potential homebuyers. This program provides financial assistance to help with the down payment, making homeownership more accessible to a wider range of individuals and families. Demographically, East Tallassee is a diverse community with a mix of young professionals and families. The area is known for its strong sense of community and family-friendly environment. With good schools and affordable housing options, it's an attractive location for those looking to settle down. In terms of the housing market, East Tallassee offers a range of options from single-family homes to apartments. The market is stable, with moderate appreciation rates, making it a desirable place to invest in property. The FHA Down Payment Assistance Home Loan can make buying a home here even more appealing. Some of the main attractions in East Tallassee include its beautiful parks, historic sites, and local restaurants. Residents can enjoy outdoor activities like hiking and fishing, as well as cultural experiences such as visiting museums and art galleries. The community is vibrant and welcoming, making it a wonderful place to call home.
FHA Down Payment Assistance Home Loan in East Tallassee, Alabama
