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 Kennedy, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kennedy, AL provides a financial boost to eligible homebuyers in Kennedy, 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 Kennedy, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kennedy, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kennedy, 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 Kennedy, 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 Kennedy, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kennedy, 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 Kennedy, 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 Kennedy, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Kennedy, Alabama is the lower down payment requirement, making homeownership more accessible to first-time buyers. Additionally, these loans offer competitive interest rates, making them a cost-effective option for those looking to purchase a home in Kennedy. Kennedy, Alabama, is a picturesque town with a population of approximately 500 residents. The community is known for its friendly atmosphere and tight-knit community feel, making it a great place to raise a family or retire in a peaceful setting. The housing market in Kennedy, Alabama, offers a diverse range of options, from cozy single-family homes to spacious ranch-style properties. With the assistance of FHA loans, prospective buyers can explore various housing options that suit their needs and preferences, ensuring a smooth and affordable home buying process. Main attractions in Kennedy include the scenic Kennedy Park, which offers walking trails and picnic spots for outdoor enthusiasts. The town also hosts annual community events and festivals, providing residents with opportunities to come together and celebrate their vibrant community spirit.
FHA Down Payment Assistance Home Loan in Kennedy, Alabama
