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 Haleyville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Haleyville, AL provides a financial boost to eligible homebuyers in Haleyville, 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 Haleyville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Haleyville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Haleyville, 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 Haleyville, 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 Haleyville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Haleyville, 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 Haleyville, 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 Haleyville, 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 Loan in Haleyville, Alabama provides numerous benefits such as lower down payment requirements, competitive interest rates, and increased accessibility to homeownership for first-time buyers. Demographically, Haleyville, Alabama has a population of around 4,000 residents. The town is known for its close-knit community, excellent school systems, and diverse housing options ranging from historic homes to modern developments. The housing market in Haleyville is stable with affordable home prices and a variety of properties available. The FHA loan program makes it easier for prospective buyers to navigate the market and purchase their dream home. Some of the main attractions in Haleyville include the Natural Bridge Park, The Haleyville City Pool, and the Bear Creek Lakes. These recreational spots offer residents and visitors opportunities for outdoor activities and relaxation.
Benefits of FHA Down Payment Assistance Home Loan in Haleyville, Alabama
