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 Union Grove, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Union Grove, AL provides a financial boost to eligible homebuyers in Union Grove, 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 Union Grove, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Union Grove, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Union Grove, 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 Union Grove, 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 Union Grove, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Union Grove, 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 Union Grove, 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 Union Grove, 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.
The FHA Down Payment Assistance Program offers numerous benefits for homebuyers in Union Grove, Alabama. One of the main advantages is the opportunity to secure a home with a lower down payment, making homeownership more accessible for many individuals and families. Additionally, this program often provides competitive interest rates, easing the financial burden of buying a home. Union Grove, Alabama, boasts a diverse demographic mix, with a population that includes young families, professionals, and retirees. The community is known for its welcoming atmosphere and strong sense of community, making it an excellent place to put down roots and establish connections. The housing market in Union Grove, Alabama, is currently experiencing steady growth, with a range of property options available for buyers. From cozy starter homes to spacious family residences, there is something to suit every taste and budget. The FHA Down Payment Assistance Program can help prospective buyers navigate the market and find their ideal home. While in Union Grove, visitors can explore a variety of attractions, including the beautiful Guntersville Lake, perfect for outdoor enthusiasts and water sports lovers. Additionally, the area offers access to hiking trails, local boutiques, and charming eateries, providing plenty of entertainment options for residents and visitors alike.
FHA Down Payment Assistance Home Loan in Union Grove, Alabama
