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 Horton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Horton, AL provides a financial boost to eligible homebuyers in Horton, 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 Horton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Horton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Horton, 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 Horton, 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 Horton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Horton, 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 Horton, 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 Horton, 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 Horton, Alabama offers various benefits to potential homebuyers. This program allows individuals to purchase a home with a lower down payment, making homeownership more accessible. Additionally, FHA loans typically have lower credit score requirements compared to conventional loans, providing more flexibility to buyers. Demographically, Horton, Alabama, has a diverse population with a mix of families, young professionals, and retirees. The community is known for its friendly neighborhoods and strong sense of community, making it an ideal place to raise a family or settle down. In terms of the housing market, Horton, Alabama, offers a range of housing options, from single-family homes to spacious apartments. The market is relatively stable, with moderate appreciation rates, making it a good investment opportunity for buyers. With the FHA Down Payment Assistance Home Loan, first-time buyers can enter the market with ease. Some of the main attractions in Horton include beautiful parks, local eateries, and cultural events. Residents can enjoy outdoor activities like hiking and fishing, as well as access to amenities such as shopping centers and schools. The community spirit and welcoming atmosphere make Horton a desirable place to call home.
Benefits of FHA Down Payment Assistance Home Loan in Horton, Alabama
