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 Mitchell, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fort Mitchell, AL provides a financial boost to eligible homebuyers in Fort Mitchell, 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 Mitchell, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fort Mitchell, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fort Mitchell, 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 Mitchell, 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 Mitchell, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fort Mitchell, 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 Mitchell, 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 Mitchell, 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.
The FHA Down Payment Assistance Home Loan program in Fort Mitchell, Alabama provides eligible homebuyers with the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics: Fort Mitchell, Alabama, boasts a diverse population with a mix of families, young professionals, and retirees. The town has a close-knit community feel and is known for its friendly residents and southern hospitality. Housing Market: The housing market in Fort Mitchell offers a range of options from historic homes to modern developments. The area has seen steady growth in property values, making it an attractive location for both investors and homebuyers. Main Attractions: Fort Mitchell is located near beautiful natural attractions such as Lake Eufaula and Chattahoochee River. The town also has local parks, shopping centers, and restaurants that provide residents with plenty of leisure and entertainment options.
Benefits of FHA Down Payment Assistance Home Loan in Fort Mitchell, Alabama
