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 Hardaway, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hardaway, AL provides a financial boost to eligible homebuyers in Hardaway, 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 Hardaway, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hardaway, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hardaway, 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 Hardaway, 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 Hardaway, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hardaway, 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 Hardaway, 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 Hardaway, 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 a helpful option for homebuyers in Hardaway, Alabama, by allowing them to purchase a home with a lower down payment requirement. This can make homeownership more achievable for individuals who may not have substantial savings for a traditional down payment. Demographically, Hardaway, Alabama, is a small rural community with a population that values a tight-knit community feel. The area is known for its friendly residents and strong community spirit, making it an ideal place to settle down and raise a family. When it comes to the housing market in Hardaway, Alabama, the availability of FHA down payment assistance home loans can make a significant impact. These loans can help stimulate the local real estate market by bringing in more qualified buyers and increasing demand for homes in the area. Among the main attractions in Hardaway, Alabama, are the beautiful natural landscapes that offer opportunities for outdoor activities like hiking, fishing, and camping. Additionally, the town has a rich history that is reflected in its historic sites and local museums, providing residents with a diverse range of cultural experiences.
Benefits of FHA Down Payment Assistance Home Loan in Hardaway, Alabama
