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 Kansas, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kansas, AL provides a financial boost to eligible homebuyers in Kansas, 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 Kansas, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kansas, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kansas, 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 Kansas, 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 Kansas, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kansas, 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 Kansas, 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 Kansas, 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 1. Low down payment requirements, making homeownership more accessible. 2. Competitive interest rates compared to traditional loans. 3. Flexible qualification criteria, allowing individuals with lower credit scores to qualify. Demographics Kansas, Alabama, has a diverse population, with a mix of urban and rural areas. The state is known for its friendly residents and strong sense of community. Housing Market The housing market in Kansas, Alabama, is stable, with a range of housing options available to accommodate different budgets and preferences. The FHA Down Payment Assistance Home Loan has helped stimulate the market by increasing affordability for buyers. Main Attractions From the rolling plains of Kansas to the beautiful beaches of Alabama, there is no shortage of natural beauty to explore. Additionally, both states offer a rich cultural heritage, delicious cuisine, and numerous outdoor activities for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Kansas, Alabama
