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 Thomaston, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Thomaston, AL provides a financial boost to eligible homebuyers in Thomaston, 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 Thomaston, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Thomaston, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Thomaston, 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 Thomaston, 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 Thomaston, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Thomaston, 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 Thomaston, 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 Thomaston, 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 offer a great opportunity for first-time homebuyers in Thomaston, Alabama. These loans provide a lower down payment requirement, making homeownership more accessible to individuals who may not have substantial savings. Demographics of Thomaston, Alabama, show a close-knit community with a population of approximately 400 residents. The town boasts a diverse population with a mix of age groups, creating a vibrant and inclusive atmosphere for individuals and families. The housing market in Thomaston, Alabama, is characterized by affordable housing options, making it an attractive location for both residents and investors. With the assistance of FHA loans, prospective buyers can explore a range of housing options that cater to their preferences and financial capabilities. Main attractions in Thomaston include the historic Siloam Baptist Church, which dates back to the 1800s and serves as a prominent landmark in the town. Additionally, outdoor enthusiasts can enjoy the scenic beauty of Mound State Monument Park, offering hiking trails and picnic spots for recreational activities.
Benefits of FHA Down Payment Assistance Home Loan in Thomaston, Alabama
