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 Shorterville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Shorterville, AL provides a financial boost to eligible homebuyers in Shorterville, 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 Shorterville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Shorterville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Shorterville, 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 Shorterville, 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 Shorterville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Shorterville, 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 Shorterville, 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 Shorterville, 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.
Obtaining an FHA Down Payment Assistance Home Loan in Shorterville, Alabama comes with numerous benefits. These loans offer lower down payment requirements, making homeownership more accessible to a wider range of individuals. Additionally, they often come with competitive interest rates, helping borrowers save money over the life of the loan. Shorterville, Alabama, is a charming town with a diverse population. The demographics of the area include a mix of families, young professionals, and retirees. The community is known for its friendly atmosphere and strong sense of unity, making it an ideal place to settle down and raise a family. The housing market in Shorterville is currently stable, with a range of affordable options available to potential buyers. The area offers a mix of traditional single-family homes, townhouses, and apartments, catering to various preferences and budgets. With the assistance of FHA loans, more individuals can realize their dream of homeownership in this lovely town. While in Shorterville, visitors can explore a variety of attractions, including beautiful parks, local eateries serving Southern cuisine, and historical sites that offer a glimpse into the town's rich past. The town's welcoming community and natural beauty make it a hidden gem in Alabama, perfect for both residents and tourists alike.
FHA Down Payment Assistance Home Loan in Shorterville, Alabama
