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 Ward, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ward, AL provides a financial boost to eligible homebuyers in Ward, 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 Ward, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ward, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ward, 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 Ward, 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 Ward, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ward, 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 Ward, 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 Ward, 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 Loan: The FHA loan program in Ward, Alabama offers low down payments, flexible credit requirements, and competitive interest rates, making homeownership more accessible to a wider range of individuals, including first-time buyers and those with limited savings. Demographics: Ward, Alabama, is a diverse community with a mix of young families and retirees. The population is known for its close-knit community feel, with a strong emphasis on family values and community involvement. Housing Market: The housing market in Ward, Alabama, is thriving, with a mix of single-family homes, townhouses, and apartments available. The median home price is affordable, making it an attractive option for buyers looking to invest in their first home or upgrade to a larger property. Main Attractions: Ward, Alabama, boasts a range of attractions, including beautiful parks, local restaurants serving southern cuisine, and historic sites that showcase the area's rich heritage. The town's vibrant downtown area is a hub of activity, with shops, galleries, and entertainment venues for residents to enjoy.
FHA Down Payment Assistance Home Loan in Ward, Alabama
