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 Titus, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Titus, AL provides a financial boost to eligible homebuyers in Titus, 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 Titus, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Titus, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Titus, 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 Titus, 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 Titus, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Titus, 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 Titus, 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 Titus, 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.
Benefits of FHA Down Payment Assistance Home Loans: FHA loans offer lower down payment requirements, making homeownership more accessible. The assistance programs can provide funds to cover the down payment, reducing the financial burden on buyers. Demographics: Titus, Alabama, has a population of around 2,300 residents. The community is known for its friendly atmosphere and strong sense of community spirit. The area boasts a mix of age groups, with a median age of 42 years old. Housing Market: The housing market in Titus is stable, with a median home value of $150,000. The market offers a variety of housing options ranging from single-family homes to townhouses. The FHA loan programs can help potential buyers secure affordable financing options. Main Attractions: Titus, Alabama, is located near the beautiful Lake Jordan, offering residents opportunities for fishing, boating, and outdoor recreation. The area also features scenic parks, historic sites, and local dining establishments, providing a vibrant and family-friendly environment.
FHA Down Payment Assistance Home Loan in Titus, Alabama
