There's a new financing option for homebuyers looking for conventional financing in combination with AHFA's Step Up program.
Effective February 1, 2021, homebuyers earning above 80% of the Area Media Income but not exceeding the $130,600 maximum qualifying income are now eligible for the Step Up program!
Homebuyers must have a credit score of 680 or higher for this program. All other Step Up eligibility requirements remain the same.
Join us for a webinar on Tuesday, February 2 at 10 a.m. that will cover details about this new Over 80% AMI Freddie Mac Advantage Loan Product. Click here to register.
We look forward to providing even more Alabamians with access to an affordable mortgage program and the ability to become successful long-term homeowners.