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 Stevenson, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Stevenson, AL provides a financial boost to eligible homebuyers in Stevenson, 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 Stevenson, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Stevenson, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Stevenson, 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 Stevenson, 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 Stevenson, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Stevenson, 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 Stevenson, 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 Stevenson, 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.
Are you considering buying a home in Stevenson, Alabama? Opting for an FHA down payment assistance home loan can offer you a multitude of benefits. This type of loan allows for a lower down payment, making homeownership more achievable for individuals and families in Stevenson. Demographically, Stevenson is a welcoming and diverse community with a population that values small-town charm and a close-knit feel. The area boasts a mix of different age groups, creating a vibrant and inclusive environment for all residents. When it comes to the housing market in Stevenson, Alabama, it is currently experiencing steady growth and offers a range of affordable options for potential buyers. The availability of FHA down payment assistance programs makes owning a home in Stevenson even more feasible for first-time buyers and those looking to invest in real estate. Stevenson, Alabama, is home to various attractions that appeal to residents and visitors alike. From picturesque natural landscapes to historical sites and local dining spots, Stevenson has something for everyone to enjoy and explore in their free time.
FHA Down Payment Assistance Home Loan in Stevenson, Alabama
