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 Sayre, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sayre, AL provides a financial boost to eligible homebuyers in Sayre, 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 Sayre, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sayre, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sayre, 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 Sayre, 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 Sayre, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sayre, 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 Sayre, 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 Sayre, 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.
Benefits of FHA Down Payment Assistance Home Loan: The Federal Housing Administration (FHA) offers down payment assistance programs to help homebuyers in Sayre, Alabama secure affordable financing options. These loans typically have lower down payment requirements, making it easier for individuals and families to become homeowners. Demographics: Sayre, Alabama, a charming small town, has a population of approximately X residents. The community is known for its diverse population, with a mix of ages and backgrounds creating a vibrant and welcoming environment. Housing Market: The housing market in Sayre, Alabama, is competitive with a range of housing options available, from historic homes to modern developments. The FHA down payment assistance program can make buying a home in Sayre more accessible for first-time buyers or those with limited financial resources. Main Attractions: Sayre, Alabama boasts scenic parks, quaint local shops, and a close-knit community atmosphere. Residents enjoy outdoor activities, local events, and a relaxed pace of life, making it an ideal place to call home.
FHA Down Payment Assistance Home Loan in Sayre, Alabama
