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 Fackler, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fackler, AL provides a financial boost to eligible homebuyers in Fackler, 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 Fackler, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fackler, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fackler, 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 Fackler, 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 Fackler, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fackler, 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 Fackler, 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 Fackler, 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 programs offer benefits such as lower down payment requirements, flexible credit score criteria, and potentially lower interest rates. This can make homeownership more accessible to first-time buyers in Fackler. Fackler, Alabama, has a population of around 1,500 people with a suburban rural mix. The median household income is slightly below the national average, making programs like FHA Down Payment Assistance attractive for potential homebuyers in the area. The housing market in Fackler offers a mix of single-family homes and land for development. With the assistance of FHA loans, prospective buyers can find affordable options and potentially increase property values in this growing community. Some main attractions in Fackler include the beautiful views of the Appalachian Mountains, outdoor activities like hiking and fishing in nearby parks, and a close-knit community that offers a peaceful and relaxed living environment.
Benefits of FHA Down Payment Assistance in Fackler, Alabama
