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 Hazel Green, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hazel Green, AL provides a financial boost to eligible homebuyers in Hazel Green, 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 Hazel Green, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hazel Green, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hazel Green, 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 Hazel Green, 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 Hazel Green, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hazel Green, 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 Hazel Green, 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 Hazel Green, 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 offer numerous benefits to potential homebuyers in Hazel Green, Alabama. These loans provide lower down payment requirements, making homeownership more accessible to individuals who may not have significant savings for a traditional down payment. Demographics of Hazel Green, Alabama reveal a vibrant community with a mix of young families and retirees. The town has a suburban feel with a growing population, and residents enjoy a median household income on par with the national average. The housing market in Hazel Green, Alabama is dynamic, with a range of affordable options for both first-time buyers and those seeking to upgrade. The availability of FHA Down Payment Assistance home loans adds an extra layer of affordability for potential buyers, contributing to a healthy and active real estate market. As for attractions, Hazel Green is located close to natural landmarks like the Wheeler National Wildlife Refuge and Monte Sano State Park. Residents can enjoy outdoor activities such as hiking, camping, and wildlife spotting, making it an ideal location for nature enthusiasts.
The Benefits of FHA Down Payment Assistance Home Loan in Hazel Green, Alabama
