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 Gallant, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gallant, AL provides a financial boost to eligible homebuyers in Gallant, 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 Gallant, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gallant, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gallant, 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 Gallant, 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 Gallant, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gallant, 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 Gallant, 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 Gallant, 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 Gallant, Alabama offers borrowers the opportunity to purchase a home with a lower down payment requirement, making homeownership more accessible. Demographics in Gallant, Alabama show a close-knit community with a population that values small-town living. The area is characterized by a mix of rural landscapes and friendly neighborhoods, making it an ideal place to raise a family or retire. The housing market in Gallant, Alabama is stable, with a range of housing options available for prospective buyers. The FHA Down Payment Assistance Home Loan can help individuals and families find affordable housing options in this market. Main attractions in Gallant, Alabama include the scenic views of the Appalachian Mountains, outdoor recreational activities like hiking and fishing, and a variety of local shops and restaurants that showcase the town's charm.
Benefits of FHA Down Payment Assistance Home Loan in Gallant, Alabama
