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 Wilsonville, AL for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Wilsonville, AL provides a financial boost to eligible homebuyers in Wilsonville, 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 Wilsonville, AL can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Wilsonville, AL. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Wilsonville, 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 Wilsonville, 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 Wilsonville, AL, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Wilsonville, 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 Wilsonville, 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 Wilsonville, 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 provide a valuable opportunity for individuals and families in Wilsonville, Alabama, to achieve homeownership with a lower initial financial burden. With reduced down payment requirements and competitive interest rates, these loans make purchasing a home more accessible and affordable for first-time buyers and those with limited savings. Demographically, Wilsonville, Alabama, is a welcoming community with a mix of residents of various ages and backgrounds. The town is known for its tight-knit feel and strong sense of community, making it an ideal place to raise a family or retire peacefully. In terms of the housing market, Wilsonville offers a diverse range of properties, from charming historic homes to modern developments. The market is stable, with steady appreciation rates, making it a sound investment for those looking to buy a home in the area. Aside from its housing opportunities, Wilsonville boasts a range of attractions, including outdoor recreational areas, local shops and restaurants, and community events. Residents can enjoy the peaceful surroundings of the countryside while still having access to essential amenities.
The Benefits of FHA Down Payment Assistance Home Loan in Wilsonville, Alabama
