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 Maplesville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Maplesville, AL provides a financial boost to eligible homebuyers in Maplesville, 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 Maplesville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Maplesville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Maplesville, 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 Maplesville, 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 Maplesville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Maplesville, 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 Maplesville, 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 Maplesville, 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.
An FHA down payment assistance home loan in Maplesville, Alabama, offers numerous benefits to potential homebuyers. The program allows for lower down payments, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements, providing opportunities for those with less-than-perfect credit to buy a home. Maplesville, Alabama, is a charming rural town with a population that values community and a slower pace of life. The town has a mix of residents, including families, young professionals, and retirees, creating a diverse and welcoming atmosphere. The housing market in Maplesville offers affordable options for prospective buyers. The median home price is below the national average, making it an attractive location for first-time homebuyers and those looking to invest in real estate. Main attractions in Maplesville include its beautiful parks, historic downtown area, and local events that bring the community together. Residents can enjoy outdoor activities like hiking, fishing, and picnicking in the picturesque surroundings.
FHA Down Payment Assistance Home Loan in Maplesville, Alabama
