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 Pleasant Grove, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Pleasant Grove, AL provides a financial boost to eligible homebuyers in Pleasant Grove, 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 Pleasant Grove, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Pleasant Grove, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Pleasant Grove, 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 Pleasant Grove, 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 Pleasant Grove, 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 program offers several benefits to homebuyers in Pleasant Grove, Alabama. It allows individuals to purchase a home with a lower down payment, making homeownership more accessible. This can help first-time buyers who may struggle to save a large sum for a traditional down payment. In terms of demographics, Pleasant Grove is a diverse community with a population of approximately X residents. The area has a mix of families, young professionals, and retirees, creating a vibrant and welcoming atmosphere. The median household income is $Y, and the majority of residents are homeowners. The housing market in Pleasant Grove is stable, with a range of housing options available to buyers. The average home price is Z, which is competitive compared to nearby areas. The market is experiencing steady growth, making it a favorable time to invest in property in the area. Some of the main attractions in Pleasant Grove include the beautiful Pleasant Grove Park, which offers recreational facilities for residents to enjoy. The town also has a variety of local shops and restaurants, providing a sense of community and convenience to residents.
FHA Down Payment Assistance Home Loan in Pleasant Grove, Alabama
