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 Kellyton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kellyton, AL provides a financial boost to eligible homebuyers in Kellyton, 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 Kellyton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kellyton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kellyton, 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 Kellyton, 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 Kellyton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kellyton, 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 Kellyton, 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 Kellyton, 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 offer lower down payment requirements, making home ownership more accessible to individuals with limited savings. This can help first-time homebuyers in Kellyton achieve their dream of owning a home. Kellyton, Alabama, has a diverse population with a mix of families, young professionals, and retirees. The town has a strong sense of community with local events and activities that cater to residents of all ages and backgrounds. The housing market in Kellyton is competitive yet affordable compared to larger cities in Alabama. With the assistance of FHA loans, prospective homebuyers can find suitable housing options that meet their needs and budget, contributing to the growth of the local real estate market. Main Attractions in Kellyton, Alabama Kellyton boasts natural beauty with its proximity to Lake Martin, offering opportunities for outdoor recreation such as fishing, boating, and hiking. The town also has historical sites like the Kellyton Cotton Gin, providing a glimpse into its rich past.
Benefits of FHA Down Payment Assistance Home Loan in Kellyton, Alabama
