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 Sylvania, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Sylvania, AL provides a financial boost to eligible homebuyers in Sylvania, 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 Sylvania, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Sylvania, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Sylvania, 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 Sylvania, 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 Sylvania, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Sylvania, 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 Sylvania, 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 Sylvania, 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 offers a great opportunity for first-time homebuyers in Sylvania, Alabama. This program helps individuals overcome the hurdle of coming up with a large down payment, allowing more people to achieve the dream of homeownership. Demographics in Sylvania show a diverse and close-knit community. With a population of approximately 2,500 residents, the town offers a peaceful and family-friendly environment. The median household income is stable, providing financial security to its residents. The housing market in Sylvania is promising, with a range of affordable options for potential homeowners. The availability of FHA Down Payment Assistance Home Loan further boosts the market, making it easier for buyers to invest in their own properties. The market shows steady growth and a good return on investment. Sylvania boasts a variety of attractions, including a charming downtown area with local shops and restaurants. The town is surrounded by picturesque natural landscapes, offering opportunities for outdoor activities such as hiking and fishing. The community takes pride in its rich history and hosts cultural events throughout the year.
FHA Down Payment Assistance Home Loan in Sylvania, Alabama
