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 Alturas, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Alturas, CA provides a financial boost to eligible homebuyers in Alturas, CA, 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 Alturas, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Alturas, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Alturas, CA, 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 Alturas, CA 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 Alturas, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Alturas, CA.
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 Alturas, CA. 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 Alturas, CA 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.
Benefits: An FHA down payment assistance home loan in Alturas, California offers lower down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. This can make homeownership more accessible to first-time buyers and those with limited savings. Demographics: Alturas has a population of around 2,500 residents, with a mix of families, retirees, and young professionals. The median household income is in line with the state average, providing a stable economic base for the community. Housing Market: Alturas' housing market is characterized by affordable home prices, making it an attractive option for buyers looking for a more budget-friendly option in California. The market offers a variety of housing styles, from single-family homes to townhouses, catering to different preferences. Main Attractions: Alturas is surrounded by stunning natural beauty, including the Modoc National Forest and the Warner Mountains, offering outdoor enthusiasts plenty of recreational opportunities such as hiking, fishing, and camping. The town also boasts historical sites like the Modoc County Courthouse and the Alturas Museum.
FHA Down Payment Assistance Home Loan in Alturas, California
