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 Hurtsboro, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Hurtsboro, AL provides a financial boost to eligible homebuyers in Hurtsboro, 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 Hurtsboro, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Hurtsboro, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Hurtsboro, 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 Hurtsboro, 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 Hurtsboro, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Hurtsboro, 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 Hurtsboro, 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 Hurtsboro, 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 several benefits to homebuyers in Hurtsboro, Alabama. These loans provide a lower down payment requirement, typically around 3.5%, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, allowing individuals with less-than-perfect credit to still qualify for a loan. Demographically, Hurtsboro is a small town in Alabama with a population of approximately 500 residents. The town has a close-knit community feel, making it an ideal place for families and those seeking a quieter lifestyle. The median household income in Hurtsboro is $32,500, and the median home value is $78,000, making it an affordable option for first-time homebuyers. In terms of the housing market in Hurtsboro, Alabama, the area offers a mix of historic homes and newer construction. The average cost of a home in Hurtsboro is below the national average, making it an attractive option for those looking to purchase a home without breaking the bank. With the assistance of FHA Down Payment Assistance Home Loans, buyers can take advantage of these affordable housing options. Some main attractions in Hurtsboro include the Tallapoosa River, which offers opportunities for fishing, kayaking, and other outdoor activities. The town also hosts annual festivals and events that bring the community together. Additionally, Hurtsboro is within driving distance of larger cities like Montgomery and Columbus, providing easy access to shopping, dining, and entertainment options.
Benefits of FHA Down Payment Assistance Home Loan in Hurtsboro, Alabama
