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 Houston, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Houston, AL provides a financial boost to eligible homebuyers in Houston, 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 Houston, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Houston, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Houston, 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 Houston, 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 Houston, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Houston, 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 Houston, 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 Houston, 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: An FHA down payment assistance home loan in Houston, Alabama offers lower down payment requirements, competitive interest rates, and easier qualification criteria, making homeownership more accessible to a wider range of individuals. Demographics: Houston, Alabama, is a diverse community with a population that includes a mix of families, young professionals, and retirees. The area boasts a strong sense of community and a range of amenities for residents. Housing Market: The housing market in Houston, Alabama, is characterized by a mix of affordable single-family homes, townhouses, and apartments. The availability of FHA down payment assistance programs further enhances the affordability and appeal of the housing options in the area. Main Attractions: Houston, Alabama, offers a variety of attractions, including scenic parks, cultural landmarks, and local dining establishments. Residents can enjoy outdoor activities, community events, and a welcoming atmosphere that makes Houston a desirable place to call home.
FHA Down Payment Assistance Home Loan in Houston, Alabama
