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 Kellerman, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kellerman, AL provides a financial boost to eligible homebuyers in Kellerman, 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 Kellerman, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kellerman, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kellerman, 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 Kellerman, 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 Kellerman, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kellerman, 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 Kellerman, 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 Kellerman, 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 in Kellerman, Alabama offer numerous benefits to homebuyers. These loans allow for lower down payments, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, making them a good option for those with less-than-perfect credit. Kellerman, Alabama, situated in Tuscaloosa County, has a population that enjoys a rural setting with easy access to urban amenities. The town is known for its friendly community atmosphere and low crime rates, making it a desirable location for families and individuals looking for a safe and peaceful place to call home. The housing market in Kellerman, Alabama, offers a variety of options for homebuyers. From historic Southern-style homes to modern constructions, there is something for everyone. The median home price in Kellerman is affordable compared to nearby cities, making it an attractive option for first-time buyers and those looking to invest in real estate.
Benefits of FHA Down Payment Assistance Home Loans in Kellerman, Alabama
