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 Range, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Range, AL provides a financial boost to eligible homebuyers in Range, 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 Range, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Range, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Range, 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 Range, 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 Range, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Range, 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 Range, 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 Range, 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 Home Loans offer low down payment requirements, making homeownership more accessible to first-time buyers in Range, Alabama. This program also allows for lower credit score requirements, helping individuals with less-than-perfect credit to qualify for a home loan. Demographics in Range, Alabama, show a mix of age groups, with a growing population of young professionals attracted to the area's affordable housing options. The community is known for its strong sense of togetherness and family-friendly environment, making it an ideal place to lay down roots. The housing market in Range, Alabama, is thriving, with a range of housing options available to suit different needs and preferences. From cozy single-family homes to modern apartment complexes, there is something for everyone in Range. Additionally, the market offers good appreciation potential, making it a sound investment choice for homebuyers. Some main attractions in Range, Alabama, include the picturesque parks and nature reserves that offer residents a peaceful retreat from the hustle and bustle of daily life. The town also boasts charming local shops, restaurants, and cultural events that reflect the community's vibrant spirit and rich history.
Benefits of FHA Down Payment Assistance Home Loan in Range, Alabama
