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 Goshen, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Goshen, AL provides a financial boost to eligible homebuyers in Goshen, 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 Goshen, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Goshen, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Goshen, 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 Goshen, 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 Goshen, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Goshen, 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 Goshen, 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 Goshen, 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 Loans provide opportunities for low to moderate-income individuals or families to become homeowners, offering lower down payment requirements and competitive interest rates. This makes homeownership more accessible for those who may not qualify for conventional loans. Demographics in Goshen, Alabama, reveal a close-knit community with a mix of age groups, predominantly middle-class families. The town has a strong educational system and a growing job market, making it an attractive place for young professionals and families. The housing market in Goshen is stable, with a range of affordable housing options available. The FHA loan program can help stimulate the real estate market by assisting buyers in purchasing properties, thereby boosting property values and overall economic development in the area. Main Attractions in Goshen Goshen is known for its scenic landscapes and outdoor recreational opportunities. Visitors and residents can enjoy activities such as hiking, fishing, and camping in the surrounding natural areas. The town also hosts annual events that celebrate its rich cultural heritage and local traditions.
Benefits of FHA Down Payment Assistance Home Loan in Goshen, Alabama
