Unlock Your Homeownership Dreams with FHA Down Payment Assistance in Atascadero, 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 Atascadero, CA for FHA loans designed to help you achieve your dream of owning a home with ease.

What is Down Payment Assistance in Atascadero, CA?

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

Key Features of Our FHA Down Payment Assistance in Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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 Atascadero, 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.

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

FHA Down Payment Assistance Home Loan in Atascadero, California

Benefits of FHA Down Payment Assistance Home Loan:

1. Lower down payment requirements, making homeownership more affordable.

2. Competitive interest rates and flexible qualification criteria.

Demographics:

Atascadero is a city in San Luis Obispo County, California, with a population of approximately 30,000 residents. The city boasts a diverse community with a mix of young professionals, families, and retirees.

Housing Market:

The housing market in Atascadero is competitive, with a median home price of $550,000. The market offers a mix of single-family homes, townhouses, and condominiums, providing options for various budgets and preferences.

Main Attractions:

Popular attractions in Atascadero include the Charles Paddock Zoo, Atascadero Lake Park, and the Atascadero Historical Society Museum. The city is also known for its wineries, hiking trails, and vibrant downtown area.

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