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 Helena, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Helena, AL provides a financial boost to eligible homebuyers in Helena, 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 Helena, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Helena, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Helena, 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 Helena, 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 Helena, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Helena, 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 Helena, 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 Helena, 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 in Helena, Alabama, provide a great opportunity for first-time home buyers to achieve their dream of homeownership with lower down payment requirements and competitive interest rates. Demographics in Helena, Alabama, showcase a vibrant community with a mix of young families and professionals. The median age is 35, and the median household income stands at $88,054, making it an attractive location for individuals looking to settle down. The housing market in Helena, Alabama, offers a range of options from cozy starter homes to spacious family residences. With a median home value of $278,000 and a steady appreciation rate, investing in property in this area is a wise financial decision. Main attractions in Helena, Alabama, include the scenic Buck Creek, Old Town Helena with its charming shops and restaurants, and the Helena Amphitheater, which hosts various events and concerts throughout the year, providing residents with ample recreational opportunities.
Benefits of FHA Down Payment Assistance Home Loan in Helena, Alabama
