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 Hackleburg, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hackleburg, AL provides a financial boost to eligible homebuyers in Hackleburg, 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 Hackleburg, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hackleburg, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hackleburg, 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 Hackleburg, 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 Hackleburg, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hackleburg, 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 Hackleburg, 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 Hackleburg, 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 financial aid, making home ownership more accessible. Borrowers may qualify for lower down payment requirements, reduced closing costs, and competitive interest rates. Demographics in Hackleburg, Alabama, show a close-knit community with a population of approximately X. The town boasts a mix of age groups, with a strong sense of community and history. In terms of the housing market, Hackleburg offers a range of affordable housing options suitable for various budgets. The market is stable, with steady appreciation rates, making it an attractive location for first-time homebuyers. Main attractions in Hackleburg include the XYZ Museum, showcasing the town's rich heritage, and the beautiful XYZ Park, perfect for outdoor activities and family picnics. Residents also enjoy the vibrant local food scene and community events.
Benefits of FHA Down Payment Assistance Home Loan in Hackleburg, Alabama
