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 Highland Home, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Highland Home, AL provides a financial boost to eligible homebuyers in Highland Home, 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 Highland Home, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Highland Home, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Highland Home, 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 Highland Home, 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 Highland Home, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Highland Home, 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 Highland Home, 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 Highland Home, 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.
The FHA Down Payment Assistance Home Loan in Highland Home, Alabama provides numerous benefits to first-time homebuyers, including low down payment requirements, competitive interest rates, and easier qualification standards. This makes homeownership more accessible and affordable for individuals and families in the area. Highland Home, Alabama, is a charming community with a population that reflects a mix of demographics, including families, young professionals, and retirees. The town has a strong sense of community and offers various amenities such as parks, schools, and local businesses, making it an ideal place to settle down. The housing market in Highland Home, Alabama, is stable and offers a range of options for homebuyers. With the assistance of FHA loans, individuals can explore various properties, from single-family homes to townhouses, ensuring they find a residence that suits their needs and budget. Some main attractions in Highland Home, Alabama, include outdoor recreational activities like hiking and fishing in nearby wilderness areas, historical sites that showcase the town's rich heritage, and local eateries serving traditional Southern cuisine, providing residents with a diverse range of experiences to enjoy.
FHA Down Payment Assistance Home Loan in Highland Home, Alabama
