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 Parrish, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Parrish, AL provides a financial boost to eligible homebuyers in Parrish, 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 Parrish, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Parrish, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Parrish, 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 Parrish, 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 Parrish, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Parrish, 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 Parrish, 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 Parrish, 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 programs offer an accessible route to homeownership for individuals in Parrish, Alabama. These loans require lower down payments, making it easier for first-time buyers to enter the housing market. Demographically, Parrish is a small town with a tight-knit community. The population consists of diverse age groups with a focus on family values. The town's charm lies in its welcoming atmosphere and picturesque surroundings. The housing market in Parrish, Alabama, offers a range of options from cozy single-family homes to spacious properties. With the assistance of FHA loans, residents can benefit from favorable interest rates and flexible terms, making homeownership a reality for many. Parrish boasts several attractions, including the beautiful Bankhead National Forest, providing opportunities for outdoor activities such as hiking and camping. The town also has a rich history, with landmarks like the Parrish Hotel Museum offering glimpses into its past.
Benefits of FHA Down Payment Assistance Home Loan in Parrish, Alabama
