The down payment assistance programs that are listed here are a sample of what is available for homebuyers in Alabama. This can be your starting point as you search for the right program for your family.

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FHA Down Payment Grants for 2024

Mortgage Assistance for Homebuyers in Alabama

Alabama Housing Finance Authority's Affordable Income Subsidy Grant is available to applicants that fall within the program’s income limits. 

Step Up helps low- to moderate-income applicants achieve their homeownership goals, by providing down payment assistance. The funds are made available in the form of a 10-year second mortgage and are combined with a 30-year, fixed-rate first mortgage.

Mobile, Alabama's Homeownership Down Payment Assistance Program (HOME DPA) is a flexible gap financing program that helps to provide opportunities for first-time homebuyers to purchase homes that are safe, decent, and affordable.

The Mobile County Down Payment Assistance Program provides income-eligible applicants assistance funds between $1,000 and $10,000 in the form of a grant. This money may be put toward the down payment and closing costs associated with the mortgage transaction.

Down payment assistance programs and/or grants were researched by the team at FHA.com. Please note that all programs listed on this website may involve a second mortgage with payments that are forgiven, deferred, or subsidized in some manner until resale of the mortgaged property.

FHA.com's compilation is not a complete list, but it can serve as a starting point in your search for the down payment assistance program or grant for your situation. It is up to the consumer to contact these entities and find out the specifics of each program.

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FHA Down Payment Programs Near You