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 Fort Davis, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fort Davis, AL provides a financial boost to eligible homebuyers in Fort Davis, 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 Fort Davis, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fort Davis, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fort Davis, 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 Fort Davis, 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 Fort Davis, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fort Davis, 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 Fort Davis, 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 Fort Davis, 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 Home Loan in Fort Davis, Alabama provides prospective homebuyers with the opportunity to secure a home with a lower down payment requirement, making homeownership more accessible and affordable. Demographics in Fort Davis, Alabama include a diverse population with a mix of different age groups and a strong sense of community. The area is known for its welcoming atmosphere and family-friendly environment, making it an ideal place to settle down and establish roots. The housing market in Fort Davis, Alabama is relatively stable, with a range of housing options available to suit different preferences and budgets. Whether you are looking for a cozy single-family home or a spacious property with a large yard, Fort Davis has something for everyone. Main attractions in Fort Davis, Alabama include scenic natural landscapes, historical sites, and recreational amenities. Residents can enjoy outdoor activities such as hiking, fishing, and boating, as well as explore local museums and cultural events that showcase the area's rich heritage.
Benefits of FHA Down Payment Assistance Home Loan in Fort Davis, Alabama
