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 Fulton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Fulton, AL provides a financial boost to eligible homebuyers in Fulton, 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 Fulton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Fulton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Fulton, 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 Fulton, 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 Fulton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Fulton, 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 Fulton, 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 Fulton, 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.
Fulton, Alabama offers unique benefits for homebuyers through the FHA Down Payment Assistance Home Loan program. This initiative provides financial support to help individuals and families purchase homes with lower down payment requirements, making homeownership more accessible. Demographics in Fulton, Alabama show a diverse community with a mix of age groups and backgrounds. The town offers a welcoming environment for residents, including families, young professionals, and retirees. With a strong sense of community, Fulton is an ideal place to settle down and invest in property. The housing market in Fulton, Alabama is vibrant and promising. There is a range of housing options available, from cozy single-family homes to modern apartments. The town's real estate market is stable, offering opportunities for growth and equity building for homeowners. Some main attractions in Fulton, Alabama include its beautiful parks, historic landmarks, and cultural events. Residents can enjoy outdoor activities, explore local history, and participate in community festivals. These attractions make Fulton a desirable place to live and raise a family.
Benefits of FHA Down Payment Assistance Home Loan in Fulton, Alabama
