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 Irvington, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Irvington, AL provides a financial boost to eligible homebuyers in Irvington, 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 Irvington, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Irvington, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Irvington, 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 Irvington, 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 Irvington, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Irvington, 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 Irvington, 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 Irvington, 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 Loan in Irvington, Alabama provides opportunities for individuals and families to achieve homeownership with lower down payment requirements. Demographics of Irvington, Alabama show a diverse community with a mix of young professionals, families, and retirees creating a vibrant and welcoming atmosphere. The housing market in Irvington, Alabama is characterized by affordable prices, a range of housing options, and increasing property values, making it an attractive location for both first-time homebuyers and investors. Main attractions in Irvington, Alabama include the picturesque Bellingrath Gardens and Home, historical sites such as the Irvington Historic District, and outdoor recreational opportunities at the Mobile-Tensaw Delta.
Benefits of FHA Down Payment Assistance Home Loan in Irvington, Alabama
