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 Gurley, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Gurley, AL provides a financial boost to eligible homebuyers in Gurley, 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 Gurley, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Gurley, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Gurley, 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 Gurley, 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 Gurley, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Gurley, 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 Gurley, 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 Gurley, 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.
One of the primary benefits of an FHA Down Payment Assistance Home Loan in Gurley, Alabama is the opportunity it provides for individuals and families to become homeowners with a lower down payment requirement. This program helps make home ownership more accessible and affordable for those who may not have large savings for a down payment. Gurley, Alabama, has a diverse demographic makeup. The town is home to a mix of families, professionals, and retirees. With a population that values community, Gurley offers a welcoming and friendly atmosphere for residents to call home. The housing market in Gurley, Alabama, is characterized by a range of housing options, including single-family homes, townhouses, and apartments. The market is stable, with moderate appreciation rates, making it an attractive location for both homebuyers and investors looking for long-term growth potential. Some of the main attractions in Gurley include its proximity to outdoor recreational areas such as Monte Sano State Park and the Flint River. Residents can enjoy hiking, camping, and other outdoor activities. Additionally, the town has a quaint downtown area with local shops and restaurants that add to its charm.
FHA Down Payment Assistance Home Loan in Gurley, Alabama
