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 Valley Head, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Valley Head, AL provides a financial boost to eligible homebuyers in Valley Head, 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 Valley Head, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Valley Head, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Valley Head, 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 Valley Head, 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 Valley Head, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Valley Head, 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 Valley Head, 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 Valley Head, 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.
One of the main benefits of an FHA Down Payment Assistance Home Loan in Valley Head, Alabama is the opportunity it provides for individuals and families with limited savings to become homeowners. This program offers a low down payment option, making home ownership more achievable for many. Demographically, Valley Head, Alabama is a small town with a population that values community and nature. With a mix of young families and retirees, the town has a close-knit feel that appeals to those seeking a peaceful and friendly environment to live in. In terms of the housing market, Valley Head offers a range of affordable options for buyers. From charming historic homes to modern developments, there is something to suit every taste and budget. The market is stable, with steady growth making it a desirable location for investment. Main attractions in Valley Head include the beautiful DeSoto State Park, known for its hiking trails and scenic waterfalls. The town also boasts a rich history with sites like the Valley Head Historic District, inviting residents and visitors to explore its past.
Benefits of FHA Down Payment Assistance Home Loan in Valley Head, Alabama
