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 Samson, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Samson, AL provides a financial boost to eligible homebuyers in Samson, 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 Samson, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Samson, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Samson, 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 Samson, 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 Samson, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Samson, 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 Samson, 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 Samson, 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 benefits such as lower down payment requirements, flexible credit score criteria, and competitive interest rates for first-time homebuyers in Samson, Alabama. Situated in Geneva County, Samson, Alabama, has a population of around 2000 residents, offering a close-knit community feel with a range of educational opportunities and family-friendly amenities. The housing market in Samson is diverse, with a mix of single-family homes, townhouses, and apartments. The median home value is affordable, making it an attractive option for those looking to settle down in a peaceful southern town. Samson boasts attractions like the Samson City Park, which provides recreational activities for all ages, and the Geneva State Forest, offering nature trails and camping options for outdoor enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan in Samson, Alabama
