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 Robertsdale, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Robertsdale, AL provides a financial boost to eligible homebuyers in Robertsdale, 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 Robertsdale, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Robertsdale, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Robertsdale, 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 Robertsdale, 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 Robertsdale, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Robertsdale, 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 Robertsdale, 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 Robertsdale, 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 Loan offers numerous benefits to homebuyers in Robertsdale, Alabama. This program enables buyers to secure a home with a lower down payment requirement, often as low as 3.5%. It also allows for lower credit score requirements, making homeownership more accessible to a wider range of individuals. Demographics in Robertsdale, Alabama, reflect a diverse community with a population of approximately 6,600 residents. The town boasts a family-friendly environment with a median age of 37 years. The housing market in Robertsdale is on the rise, presenting opportunities for both buyers and sellers. The housing market in Robertsdale, Alabama, is thriving, with a variety of property options available at competitive prices. The town offers a mix of single-family homes, apartments, and townhouses, catering to different preferences and budgets. With the assistance of FHA loans, purchasing a home in Robertsdale becomes more achievable. Robertsdale, Alabama, is known for its charming downtown area, filled with local shops, restaurants, and cultural attractions. The town also offers easy access to outdoor activities, such as hiking trails and parks. Residents enjoy a close-knit community and a relaxed pace of life.
Benefits of FHA Down Payment Assistance Home Loan in Robertsdale, Alabama
