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 Mc Intosh, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Mc Intosh, AL provides a financial boost to eligible homebuyers in Mc Intosh, 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 Mc Intosh, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Mc Intosh, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Mc Intosh, 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 Mc Intosh, 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 Mc Intosh, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Mc Intosh, 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 Mc Intosh, 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 Mc Intosh, 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.
FHA Down Payment Assistance program in Mc Intosh presents numerous advantages for prospective home buyers. These include lower down payment requirements, competitive interest rates, and lenient credit score criteria, making it more accessible for individuals to achieve homeownership. Considering the demographics of Mc Intosh, Alabama, the area predominantly consists of a diverse community with a mix of age groups. The population enjoys a suburban feel with a sense of tight-knit community living, ideal for families and individuals looking for a peaceful environment. The housing market in Mc Intosh offers a range of residential properties, including single-family homes and spacious apartments. The neighborhood showcases stable property values, making it an attractive option for real estate investment or settling down in a serene and welcoming location. Main attractions in Mc Intosh highlight the rich historical heritage of the town, with landmarks such as the Mc Intosh Historic District and nearby outdoor recreational areas providing opportunities for leisure and cultural exploration.
Benefits of FHA Down Payment Assistance Home Loan in Mc Intosh, Alabama
