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 Sardis, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sardis, AL provides a financial boost to eligible homebuyers in Sardis, 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 Sardis, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sardis, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sardis, 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 Sardis, 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 Sardis, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sardis, 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 Sardis, 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 Sardis, 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 in Sardis, Alabama offer numerous benefits to potential homebuyers. These loans provide a lower down payment requirement, typically around 3.5% of the purchase price, making homeownership more accessible to a wider range of individuals. Additionally, FHA loans often have lower credit score requirements compared to traditional mortgages, enabling individuals with less than perfect credit to qualify. Demographically, Sardis, Alabama boasts a population that is characterized by its close-knit community feel. With a population of approximately X, the town offers a mix of young families, retirees, and professionals. The town's diverse population contributes to a welcoming and inclusive atmosphere, making it an ideal place to call home. In terms of the housing market, Sardis, Alabama presents a range of opportunities for both buyers and sellers. The market is relatively stable, with steady demand for housing in the area. Home prices in Sardis are competitive, offering affordable options for first-time buyers and those looking to upgrade to a larger home. Additionally, with the assistance of FHA loans, buyers can take advantage of favorable interest rates and flexible loan terms. Main Attractions in Sardis, Alabama Sardis, Alabama is known for its picturesque landscapes, charming downtown area, and rich history. The town is home to several parks and outdoor recreational areas, perfect for nature lovers and outdoor enthusiasts. Additionally, Sardis is conveniently located near major cities, providing easy access to shopping, dining, and entertainment options.
Benefits of FHA Down Payment Assistance Home Loans in Sardis, Alabama
