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 Guntersville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Guntersville, AL provides a financial boost to eligible homebuyers in Guntersville, 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 Guntersville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Guntersville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Guntersville, 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 Guntersville, 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 Guntersville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Guntersville, 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 Guntersville, 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 Guntersville, 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 in Guntersville provide an opportunity for homebuyers to secure financing with a lower down payment requirement, making homeownership more accessible. Demographics in Guntersville, Alabama, showcase a vibrant community with a mix of residents ranging from young professionals to retirees. The city offers a close-knit atmosphere and a range of amenities catering to all ages. The housing market in Guntersville, Alabama, is a competitive one, with a variety of housing options available to suit different preferences and budgets. The FHA Down Payment Assistance Home Loan can be a significant advantage for buyers navigating this dynamic market. Guntersville, Alabama, boasts several main attractions, including the picturesque Guntersville Lake, perfect for outdoor activities like fishing and boating. The city also features charming downtown shops, local eateries, and a thriving arts and culture scene.
Benefits of FHA Down Payment Assistance Home Loan in Guntersville, Alabama
