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 Harvest, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Harvest, AL provides a financial boost to eligible homebuyers in Harvest, 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 Harvest, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Harvest, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Harvest, 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 Harvest, 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 Harvest, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Harvest, 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 Harvest, 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 Harvest, 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.
Benefits of FHA Down Payment Assistance Home Loan: FHA loans offer low down payment options, making homeownership more accessible. Down payment assistance programs further reduce the initial cash outlay, promoting affordability. These loans often have lower credit score requirements, enabling more individuals to qualify for financing. Demographics: Harvest, Alabama, is a growing community with a diverse population. The area has a mix of families, young professionals, and retirees. The town is known for its friendly atmosphere and strong sense of community. Housing Market: Harvest's housing market is competitive, with a range of properties available, from cozy starter homes to spacious family houses. The market has seen steady growth in property values, making it an attractive investment for homebuyers. Main Attractions: Harvest offers a variety of attractions for residents and visitors alike. The town is known for its beautiful parks, recreational facilities, and local dining options. Additionally, its proximity to Huntsville provides access to cultural landmarks and employment opportunities.
FHA Down Payment Assistance Home Loan in Harvest, Alabama
