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 Sumiton, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sumiton, AL provides a financial boost to eligible homebuyers in Sumiton, 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 Sumiton, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sumiton, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sumiton, 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 Sumiton, 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 Sumiton, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sumiton, 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 Sumiton, 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 Sumiton, 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 Loan provides a great opportunity for aspiring homeowners in Sumiton, Alabama. With lower down payment requirements and competitive interest rates, it makes homeownership more accessible. Demographics: Sumiton, Alabama, has a diverse population with a mix of families, young professionals, and retirees. The community has a strong sense of unity and pride, making it a welcoming place to live. Housing Market: The housing market in Sumiton offers a range of options from affordable starter homes to spacious family residences. The FHA Down Payment Assistance Home Loan can help buyers navigate the market and secure their dream home. Main Attractions: Sumiton is known for its natural beauty, with parks and outdoor recreational areas for residents to enjoy. The city also has a rich history, reflected in its museums and cultural events.
Benefits of FHA Down Payment Assistance Home Loan in Sumiton, Alabama
