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 Eva, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Eva, AL provides a financial boost to eligible homebuyers in Eva, 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 Eva, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Eva, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Eva, 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 Eva, 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 Eva, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Eva, 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 Eva, 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 Eva, 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.
Eva, Alabama offers residents the opportunity to access Federal Housing Administration (FHA) Down Payment Assistance programs, making homeownership more achievable. These loans provide low down payment options, reduced closing costs, and competitive interest rates, helping individuals and families secure their dream homes. Demographically, Eva is a small town with a close-knit community. The population is diverse, consisting of families, young professionals, and retirees. The town provides a peaceful and safe environment, making it an ideal place for raising a family or enjoying a quiet lifestyle. In terms of the housing market, Eva is experiencing steady growth. The real estate market offers a variety of housing options including single-family homes, townhouses, and apartments. With the assistance of FHA loans, more individuals can qualify for mortgages and become homeowners in this thriving market. Some main attractions in Eva include its picturesque landscapes, outdoor recreational activities, and historical landmarks. Residents can enjoy hiking trails, parks, and local events that celebrate the town's rich culture and heritage. Eva provides a charming and welcoming atmosphere for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Eva, Alabama
