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 Huxford, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Huxford, AL provides a financial boost to eligible homebuyers in Huxford, 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 Huxford, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Huxford, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Huxford, 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 Huxford, 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 Huxford, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Huxford, 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 Huxford, 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 Huxford, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program offers low down payment requirements, attractive interest rates, and easier qualification criteria, making homeownership more accessible to first-time buyers in Huxford. Demographics: Huxford, Alabama, is a small, tight-knit community with a population that values a peaceful rural lifestyle. The majority of residents are families with children, creating a warm and welcoming environment. Housing Market: Huxford's housing market is characterized by affordable home prices and a range of property options suitable for different family sizes. The FHA Down Payment Assistance Home Loan can help buyers secure their dream home in this charming town. Main Attractions: Despite its small size, Huxford offers a variety of recreational activities such as hiking trails, local parks, and community events. Residents enjoy the tranquility of rural living while being in close proximity to larger cities for additional amenities.
FHA Down Payment Assistance Home Loan in Huxford, Alabama
