Are you a first-time homebuyer ready to experience the charm of Alabama? This guide is your ticket to discovering affordable homeownership options in the heart of the Deep South. Uncover a variety of specialized assistance programs and resources tailored specifically for Alabama residents. From customized down payment assistance to favorable mortgage solutions, confidently navigate Alabama real estate.
State-Wide Programs
| Program | Assistance Offered | Who Should Apply | Assistance Type |
|---|---|---|---|
| Affordable Income Subsidy Grant | Up to 1% of home loan that can be used for closing costs | Any homebuyer that can meet income and credit score requirements | Grant |
| Mortgage Credit Certificate | Reduces up to $2,000 in mortgage interest that you pay into federal taxes for the life of your loan | Any homebuyer that can meet income and home sale price requirements | Tax credit |
| Step Up Program | Up to 3.5% of home loan that can be used for down payment assistance | Any homebuyer that can meet income and credit score requirements | Second mortgage |
Regional Programs
| County/Region | Program | Assistance Offered | Who Should Apply | Assistance Type |
|---|---|---|---|---|
| Mobile | Down Payment Assistance Program | Up to a $10,000 in down payment assistance | First time homebuyers that can meet income requirements | Grant |
City Programs
| City | Program | Assistance Offered | Who Should Apply | Assistance Type |
|---|---|---|---|---|
| Decatur | H.O.M.E. Program | Up to 50% of down payment or up to 100% of closing costs | First time homebuyers that can meet income requirements | Grant |
| Huntsville | Home Ownership Program | Up to $7,500 in down payment assistance | First time homebuyers that can meet income requirements | Grant |
| Mobile | Down Payment Assistance Program | Up to $10,000 in down payment assistance and closing costs | First time homebuyers that can meet income requirements | Forgivable second mortgage |
| Montgomery | Homeownership Program | Monthly mortgage assistance | First time homebuyers that can meet income requirements | Subsidy |
| Opelika | Homeownership Loan Program | Up to $6,000 in down payment assistance | First time homebuyers that can meet income requirements and buying within the city limits of Opelika | Grant |
| Prichard | Affordable Homes Program | Down payment assistance - amount not specified | First time homebuyers that can meet income requirements | Not specified |
| Tuscaloosa | Homeownership Program | Up to $22,500 towards home purchase | First time homebuyers that can meet income requirements | Forgivable second mortgage |
Talk to a local Redfin Agent
Redfin Agents are local experts who can get you better results for lower fees.
Learn more about living in Alabama
About us
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.