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 Annapolis, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Annapolis, CA provides a financial boost to eligible homebuyers in Annapolis, 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 Annapolis, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Annapolis, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Annapolis, 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 Annapolis, 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 Annapolis, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Annapolis, 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 Annapolis, 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 Annapolis, 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 of FHA Down Payment Assistance Home Loan: The FHA loan program allows first-time homebuyers to secure a mortgage with a lower down payment. This assistance can help individuals and families achieve homeownership sooner than with traditional loans. Additionally, FHA loans offer competitive interest rates and are more flexible in terms of credit requirements. Demographics: Annapolis, California, is a small town located in Sonoma County with a population of approximately 500 residents. The community is diverse, with a mix of families, retirees, and young professionals. The town offers a close-knit community feel and a peaceful environment for residents. Housing Market: The housing market in Annapolis is characterized by a variety of single-family homes, ranging from cozy cottages to larger estates. The market is competitive, with a median home price of around $600,000. The FHA down payment assistance program can make homeownership more accessible in this market. Main Attractions: Annapolis is known for its natural beauty, including nearby parks, hiking trails, and scenic views of the Pacific Ocean. Residents can enjoy outdoor activities such as camping, fishing, and picnicking. Additionally, the town is in close proximity to renowned wineries and vineyards in the Sonoma Valley.
FHA Down Payment Assistance Home Loan in Annapolis, California
