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 Graysville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Graysville, AL provides a financial boost to eligible homebuyers in Graysville, 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 Graysville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Graysville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Graysville, 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 Graysville, 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 Graysville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Graysville, 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 Graysville, 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 Graysville, 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 offer numerous benefits to homebuyers in Graysville, Alabama. These loans provide a low down payment option, typically as low as 3.5% of the purchase price, making homeownership more accessible to a wider range of individuals and families. Demographically, Graysville is a diverse community with a population that values homeownership and community involvement. The city is known for its strong sense of community and friendly residents, making it an ideal place to settle down and establish roots. The housing market in Graysville is currently stable, with a variety of homes available at different price points. With the help of FHA Down Payment Assistance Home Loans, potential buyers can take advantage of the favorable market conditions and find their dream home in this charming Alabama town. Main attractions in Graysville include scenic parks, local eateries, and cultural events that showcase the rich history of the area. Residents can enjoy outdoor activities and community gatherings, adding to the overall charm and appeal of living in Graysville.
Benefits of FHA Down Payment Assistance Home Loan in Graysville, Alabama
