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 Springs, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Union Springs, AL provides a financial boost to eligible homebuyers in Union Springs, 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 Springs, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Union Springs, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Union Springs, 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 Springs, 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 Springs, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Union Springs, 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 Springs, 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 Springs, 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 Home Loan program in Union Springs, Alabama provides aspiring homeowners with the opportunity to purchase a house with a lower down payment, making homeownership more accessible. By offering competitive interest rates and requiring a minimal down payment, this program helps individuals and families achieve their dream of owning a home in Union Springs, Alabama. Furthermore, the FHA loan program provides options for individuals with less-than-perfect credit scores, making it a viable choice for those who may not qualify for traditional home loans. Demographics Union Springs, Alabama, is a vibrant community with a population that is diverse in terms of age, ethnicity, and background. The town is known for its friendly residents and strong sense of community. With a mix of young professionals, families, and retirees, Union Springs offers a welcoming environment for people from all walks of life. The town's demographics reflect a blend of southern hospitality and a commitment to diversity, creating a unique and inclusive community for residents to call home. Housing Market The housing market in Union Springs, Alabama, offers a range of options for homebuyers, from historic Southern-style homes to modern townhouses and apartments. With affordable housing prices and a variety of properties to choose from, Union Springs provides opportunities for first-time buyers and seasoned homeowners alike. The real estate market in Union Springs is on the rise, making it an attractive location for individuals looking to invest in property with the potential for appreciation. Main Attractions Union Springs, Alabama, boasts a rich history and charming downtown area, with local shops, restaurants, and cultural attractions to explore. Outdoor enthusiasts can enjoy the nearby recreational areas, including parks, lakes, and hiking trails, while history buffs can visit museums and historic sites that showcase the town's heritage. With a calendar full of community events and festivals throughout the year, Union Springs offers residents a lively and engaging place to live.
Benefits of FHA Down Payment Assistance Home Loan in Union Springs, Alabama
