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 Spanish Fort, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Spanish Fort, AL provides a financial boost to eligible homebuyers in Spanish Fort, 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 Spanish Fort, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Spanish Fort, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Spanish Fort, 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 Spanish Fort, 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 Spanish Fort, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Spanish Fort, 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 Spanish Fort, 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 Spanish Fort, 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.
El Préstamo de Asistencia para el Pago Inicial de la FHA en Spanish Fort, Alabama, ofrece una serie de beneficios a los compradores de vivienda. Estos incluyen la capacidad de comprar una casa con un pago inicial más bajo, tasas de interés favorables y requisitos de crédito menos estrictos que los préstamos convencionales. La población de Spanish Fort, Alabama, es diversa y acogedora. Con una combinación de residentes de diversas edades y antecedentes, la comunidad ofrece un ambiente cálido y familiar para aquellos que deciden establecerse en la zona. En cuanto al mercado de viviendas en Spanish Fort, Alabama, se caracteriza por una variedad de opciones, desde acogedoras casas familiares hasta modernos apartamentos. Los precios de la vivienda son atractivos en comparación con áreas cercanas, lo que lo convierte en un lugar deseable para invertir en propiedad raíz. Además de sus beneficios de vivienda, Spanish Fort, Alabama, cuenta con atractivos turísticos como el Parque Blakeley State, el Centro Comunitario y el Paseo de la Bahía de Mobile. Estas atracciones ofrecen actividades al aire libre, eventos culturales y opciones gastronómicas para disfrutar en la ciudad.
Beneficios del Préstamo de Asistencia para el Pago Inicial de la FHA en Spanish Fort, Alabama
