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 Rogersville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Rogersville, AL provides a financial boost to eligible homebuyers in Rogersville, 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 Rogersville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Rogersville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Rogersville, 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 Rogersville, 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 Rogersville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Rogersville, 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 Rogersville, 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 Rogersville, 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.
Rogersville, Alabama, offers a unique opportunity for homebuyers to benefit from an FHA Down Payment Assistance Home Loan. This type of loan helps individuals and families achieve their dream of homeownership by requiring a lower down payment, making it more accessible for those with limited funds for a down payment. Demographically, Rogersville is a vibrant community with a mix of residents of different ages and backgrounds. The town has a strong sense of community, making it an ideal place to raise a family or retire. With a low cost of living compared to the national average, Rogersville is an attractive option for those looking to purchase a home. In terms of the housing market, Rogersville offers a diverse range of properties, from historic homes to modern developments. The market is stable, providing opportunities for both buyers and sellers. With the assistance of an FHA loan, buyers can take advantage of competitive interest rates and favorable terms. Some of the main attractions in Rogersville include Joe Wheeler State Park, Wheeler Lake, and the historic district. These attractions offer residents and visitors opportunities for outdoor recreation, cultural experiences, and a glimpse into the town's rich history.
Benefits of FHA Down Payment Assistance Home Loan in Rogersville, Alabama
