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 Jefferson, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Jefferson, AL provides a financial boost to eligible homebuyers in Jefferson, 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 Jefferson, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Jefferson, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Jefferson, 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 Jefferson, 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 Jefferson, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Jefferson, 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 Jefferson, 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 Jefferson, 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 options, making homeownership more accessible. It also provides competitive interest rates and flexible credit requirements, making it easier for first-time buyers to qualify for a loan. Demographics: Jefferson, Alabama, has a diverse population with a mix of young professionals, families, and retirees. The area boasts a strong sense of community and offers various amenities such as schools, parks, and shopping centers, making it an attractive place to live. Housing Market: Jefferson's housing market is booming, with a range of housing options available, from single-family homes to apartment complexes. The market is stable and offers opportunities for both homebuyers and investors to find suitable properties at competitive prices. Main Attractions: Some main attractions in Jefferson include beautiful parks, historical sites, and cultural events that showcase the area's rich history and vibrant community. Residents and visitors can enjoy recreational activities, local cuisine, and a welcoming atmosphere.
FHA Down Payment Assistance Home Loan in Jefferson, Alabama
