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 Epes, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Epes, AL provides a financial boost to eligible homebuyers in Epes, 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 Epes, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Epes, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Epes, 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 Epes, 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 Epes, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Epes, 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 Epes, 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 Epes, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program offers benefits such as lower down payment requirements, flexible credit score guidelines, and competitive interest rates, making homeownership more accessible for individuals and families in Epes, Alabama. Demographics: Epes, Alabama, has a diverse community with a population that includes a mix of families, young professionals, and retirees. The town is known for its strong sense of community and friendly atmosphere, offering a welcoming environment for residents. Housing Market: The housing market in Epes, Alabama, offers a range of affordable housing options, including single-family homes, townhouses, and apartments. With the assistance of FHA loans, prospective homebuyers can find suitable properties that meet their needs and budget. Main Attractions: Epes, Alabama, boasts attractions such as scenic parks, historical landmarks, and local festivals that showcase the town's rich culture and heritage. Residents can enjoy outdoor activities, explore local cuisine, and participate in community events that foster a strong sense of belonging.
FHA Down Payment Assistance Home Loan in Epes, Alabama
