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 Greenville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Greenville, AL provides a financial boost to eligible homebuyers in Greenville, 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 Greenville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Greenville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Greenville, 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 Greenville, 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 Greenville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Greenville, 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 Greenville, 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 Greenville, 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 prospective homebuyers in Greenville, Alabama a unique opportunity to purchase a house with a lower down payment requirement compared to conventional loans. This can make homeownership more accessible and affordable for individuals and families, especially first-time buyers. Demographically, Greenville, Alabama, is a charming town with a population that reflects a mix of age groups, including young families, professionals, and retirees. The cost of living is reasonable, making it an attractive option for those looking to settle down in a friendly and welcoming community. The housing market in Greenville is stable, with a range of housing options available from cozy single-family homes to spacious properties. The FHA down payment assistance program can help stimulate the real estate market by encouraging more people to invest in homeownership, thereby contributing to the growth and development of the local housing sector. Main attractions in Greenville include the picturesque Cambrian Ridge Golf Course, hosting tournaments and providing scenic views, as well as the beautiful Sherling Lake Park, offering outdoor recreational activities for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Greenville, Alabama
