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 Kimberly, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kimberly, AL provides a financial boost to eligible homebuyers in Kimberly, 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 Kimberly, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kimberly, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kimberly, 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 Kimberly, 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 Kimberly, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kimberly, 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 Kimberly, 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 Kimberly, 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 An FHA loan in Kimberly, Alabama offers lower down payments and competitive interest rates, making homeownership more accessible. Additionally, down payment assistance programs help buyers with limited funds secure a home. Demographics Kimberly, Alabama has a diverse population with a mix of families, young professionals, and retirees. The community embraces a small-town feel with a strong sense of unity and pride. Housing Market The housing market in Kimberly is competitive yet affordable, offering a range of options from single-family homes to townhouses. The market is stable, with steady appreciation rates, making it an attractive investment for potential buyers. Main Attractions Kimberly, Alabama boasts scenic outdoor attractions like Rickwood Caverns State Park and Locust Fork. Residents enjoy a peaceful environment while still having easy access to urban amenities in nearby cities.
FHA Down Payment Assistance Home Loan in Kimberly, Alabama
