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 Wetumpka, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wetumpka, AL provides a financial boost to eligible homebuyers in Wetumpka, 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 Wetumpka, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wetumpka, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wetumpka, 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 Wetumpka, 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 Wetumpka, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wetumpka, 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 Wetumpka, 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 Wetumpka, 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.
FHA Down Payment Assistance Home Loans in Wetumpka, Alabama provide eligible home buyers with the opportunity to purchase a home with a lower down payment, making homeownership more accessible. This program offers lower credit score requirements and competitive interest rates, making it an attractive option for first-time home buyers in the area. Demographically, Wetumpka, Alabama, is a vibrant community with a mix of residents from different age groups and backgrounds. The city has a strong sense of community and offers a range of amenities, including schools, parks, and shopping centers, making it an ideal place to raise a family or settle down. The housing market in Wetumpka, Alabama, is diverse, with a mix of single-family homes, townhouses, and apartments available for sale. The market is relatively stable, offering a variety of options for home buyers at different price points. With the assistance of FHA Down Payment programs, more individuals and families can achieve their dream of owning a home in this charming city. Some of the main attractions in Wetumpka include the beautiful Coosa River, the Wetumpka Impact Crater, and the historic downtown area with its charming shops and restaurants. The city also hosts various events and festivals throughout the year, bringing the community together and creating a lively and welcoming atmosphere for residents and visitors alike.
FHA Down Payment Assistance Home Loan Benefits in Wetumpka, Alabama
