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 Evergreen, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Evergreen, AL provides a financial boost to eligible homebuyers in Evergreen, 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 Evergreen, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Evergreen, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Evergreen, 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 Evergreen, 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 Evergreen, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Evergreen, 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 Evergreen, 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 Evergreen, 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.
As a resident of Evergreen, Alabama, you can benefit from the FHA Down Payment Assistance Home Loan program that offers low down payment options, making homeownership more accessible. This program helps first-time homebuyers and those with limited savings to purchase a home with a lower initial investment. Demographically, Evergreen is a diverse community with a rich history. The population consists of a mix of various ethnicities, creating a vibrant and inclusive environment. The town boasts a strong sense of community spirit, offering residents a close-knit and supportive setting to call home. In terms of the housing market, Evergreen provides a range of housing options to cater to different needs and budgets. From historic homes with southern charm to modern developments, there is something for everyone. The market is relatively stable, offering opportunities for both buyers and sellers in the region. When in Evergreen, be sure to visit the Conecuh National Forest for outdoor adventures and scenic beauty. The Annual Evergreen Sausage Festival celebrates the town's culinary heritage and is a must-visit event. Additionally, the historic downtown area showcases unique shops, restaurants, and cultural attractions.
FHA Down Payment Assistance Home Loan Benefits in Evergreen, Alabama
