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 Lisman, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Lisman, AL provides a financial boost to eligible homebuyers in Lisman, 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 Lisman, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Lisman, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Lisman, 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 Lisman, 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 Lisman, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Lisman, 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 Lisman, 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 Lisman, 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 Lisman, Alabama provides potential homebuyers with the opportunity to purchase a house with a lower down payment requirement. This can help make home ownership more accessible to individuals who may not have a large amount of savings for a down payment. In terms of demographics, Lisman, Alabama, is a small town with a tight-knit community. The population consists of diverse backgrounds, making it a welcoming place for individuals and families looking to settle down. The town boasts a peaceful atmosphere and a friendly environment. The housing market in Lisman, Alabama, offers a variety of options for potential buyers. With the FHA Down Payment Assistance Home Loan, individuals can explore different housing choices that suit their needs and preferences. The market is competitive, but with the right support, buyers can find a home that fits their budget and lifestyle. Lisman, Alabama, may be a small town, but it has its own charm and attractions. From beautiful parks and outdoor recreational areas to local shops and restaurants, there is always something to do in Lisman. Residents can enjoy a serene lifestyle while still having access to essential amenities.
The Benefits of FHA Down Payment Assistance Home Loan in Lisman, Alabama
