Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Arvin, CA

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 Arvin, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Arvin, CA?

Our Down Payment Assistance program in Arvin, CA provides a financial boost to eligible homebuyers in Arvin, 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.

Forgivable grant for FHA loans in Arvin, CA

Key Features of Our FHA Down Payment Assistance in Arvin, CA

1. Nearly Nationwide Availability

Our DPA program is available in most states across the U.S., excluding Washington state. This extensive reach ensures that many aspiring homeowners in Arvin, CA can benefit from our assistance.

2. Forgivable Grant

The grant can cover 2% or 3.5% of the purchase price of your home in Arvin, CA. This grant is completely forgivable, easing your financial burden.

3. Combination with Seller Concessions

You can combine this grant with up to 6% seller concessions in Arvin, CA, which can be used for closing costs. This flexibility allows for a more manageable and less stressful home-buying experience.

4. No Resale Restrictions

Enjoy the freedom of homeownership in Arvin, CA without any resale restrictions. You can sell your home whenever you choose without worrying about penalties or limitations.

Eligibility Requirements

To qualify for our FHA Down Payment Assistance program, you need to meet the following criteria:

1

Minimum Credit Score

A FICO score of 580 qualifies you for Approve/Eligible status in Arvin, CA, while a score of 620 is required for Refer/Eligible status.

2

First-Time Homebuyer

This program is primarily designed for first-time homebuyers in Arvin, CA.

3

Community Involvement

If you’re still working, you must either be retired or actively volunteer in your community.

Why Choose Horizon Lending Services?

We are committed to guiding you through every step of the home-buying process in Arvin, 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.

First-time homebuyer FHA assistance in Arvin, CA
Start Your Journey Today

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 Arvin, 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.

Get in Touch

Let Horizon Lending Services be your trusted partner in turning your homeownership dreams into reality.

FHA Down Payment Assistance Home Loan in Arvin, California

Benefits:

An FHA Down Payment Assistance Home Loan in Arvin, California provides low-income families with financial support to buy a home, offering lower down payment requirements and competitive interest rates.

Demographics:

Arvin, California, has a diverse population with a significant Hispanic community. The median household income is below the national average, making down payment assistance programs crucial for homeownership for many families.

Housing Market:

The housing market in Arvin, California, offers a mix of single-family homes and apartments, with prices generally more affordable compared to neighboring cities. The demand for housing is steady, making it a promising investment for buyers.

Main Attractions:

Arvin is known for its agricultural heritage, offering attractions like the annual 'El Camino Viejo Heritage Days' festival celebrating the town's history. Additionally, its proximity to national parks like Sequoia makes it an ideal location for nature enthusiasts.

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972-347-9224
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