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 Furman, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Furman, AL provides a financial boost to eligible homebuyers in Furman, 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 Furman, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Furman, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Furman, 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 Furman, 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 Furman, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Furman, 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 Furman, 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 Furman, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Furman, Alabama is that it allows eligible homebuyers to purchase a home with a lower down payment requirement, making homeownership more accessible and affordable. Additionally, these loans often come with competitive interest rates and flexible credit score requirements, making it easier for first-time buyers to qualify. Furman, Alabama, a charming town located in the heart of the state, boasts a diverse population with a mix of young professionals, families, and retirees. The town's demographics showcase a tight-knit community that values its rich history and natural surroundings. The local housing market in Furman, Alabama, offers a range of options for potential buyers, including single-family homes, townhouses, and condos. The market is characterized by stable prices and a growing demand for affordable housing options, making it an attractive destination for those looking to invest in real estate. When visiting Furman, be sure to explore some of its main attractions, such as the picturesque Furman Lake, perfect for fishing and boating enthusiasts. The town also boasts a vibrant downtown area with cozy cafes, local shops, and cultural events that showcase the community's unique charm.
FHA Down Payment Assistance Home Loan in Furman, Alabama
