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 Section, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Section, AL provides a financial boost to eligible homebuyers in Section, 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 Section, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Section, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Section, 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 Section, 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 Section, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Section, 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 Section, 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 Section, 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.
The FHA Down Payment Assistance Home Loan in Section, Alabama offers various benefits such as lower down payment requirements, flexible credit score criteria, and competitive interest rates. This makes homeownership more accessible to a wider range of individuals and families. Section, Alabama, is a small town with a diverse demographic profile. The population consists of primarily middle-class families, with a mix of young professionals and retirees. The community is known for its strong sense of camaraderie and supportive social networks. In terms of the housing market, Section, Alabama, offers a mix of affordable single-family homes, charming townhouses, and spacious apartments. The market is stable with moderate appreciation rates, making it an attractive option for first-time buyers or those looking to downsize. Main attractions in Section, Alabama, include the picturesque Lake Guntersville State Park, offering outdoor recreational activities such as hiking, camping, and fishing. The town also boasts a vibrant downtown area with local shops, eateries, and community events.
Benefits of FHA Down Payment Assistance Home Loan in Section, Alabama
