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 Kinston, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Kinston, AL provides a financial boost to eligible homebuyers in Kinston, 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 Kinston, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Kinston, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Kinston, 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 Kinston, 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 Kinston, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Kinston, 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 Kinston, 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 Kinston, 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.
The FHA Down Payment Assistance Home Loan in Kinston, Alabama provides a great opportunity for qualified individuals and families to become homeowners with lower upfront costs. This loan program offers a reduced down payment requirement, making homeownership more accessible to many who may not have substantial savings for a traditional down payment. Demographically, Kinston, Alabama, boasts a diverse population with a mix of families, young professionals, and retirees. The community prides itself on its strong sense of unity and a welcoming atmosphere for residents from all walks of life. The area is known for its friendly neighborhoods and a tight-knit community feel. In terms of the housing market, Kinston offers a range of housing options, from cozy single-family homes to spacious estates, providing choices for various preferences and budgets. The market is relatively stable, with steady appreciation rates and affordable prices compared to neighboring cities, making it an attractive location for first-time homebuyers and investors alike. Some notable attractions in Kinston include the beautiful Kinston Lake, a popular spot for fishing and boating enthusiasts. The town also features charming local shops, delicious dining options, and picturesque parks, providing residents with ample opportunities for recreation and relaxation in a serene Southern setting.
FHA Down Payment Assistance Home Loan in Kinston, Alabama
