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 Smiths Station, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Smiths Station, AL provides a financial boost to eligible homebuyers in Smiths Station, 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 Smiths Station, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Smiths Station, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Smiths Station, 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 Smiths Station, 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 Smiths Station, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Smiths Station, 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 Smiths Station, 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 Smiths Station, 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 Smiths Station offer several benefits, including: Demographics: Smiths Station, Alabama, has a diverse population with a mix of families, young professionals, and retirees. The city offers a suburban feel with access to amenities and good schools, making it an attractive place for individuals and families looking to settle down. Housing Market: The housing market in Smiths Station is stable with a variety of options, including single-family homes, townhouses, and apartments. The median home price is affordable, making it an ideal location for first-time buyers and those seeking a close-knit community. Main Attractions: Smiths Station is known for its beautiful parks, such as Smiths Station Sports Complex and Idle Hour Park, which offer recreational activities for residents. Additionally, the city is located near the Chattahoochee River, providing opportunities for outdoor adventures like hiking, fishing, and kayaking.
Benefits of FHA Down Payment Assistance Home Loan in Smiths Station, Alabama
