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 Auberry, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Auberry, CA provides a financial boost to eligible homebuyers in Auberry, 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 Auberry, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Auberry, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Auberry, 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 Auberry, 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 Auberry, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Auberry, 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 Auberry, 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 Auberry, 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.
FHA loans offer a lower down payment requirement, making homeownership more accessible to individuals who may not have a large sum of money saved up. This can be particularly beneficial for first-time homebuyers in Auberry, California, as it reduces the financial barrier to entry into the housing market. Demographically, Auberry, California, is a small, rural community located in the Sierra Nevada foothills. The population is diverse, with a mix of families, retirees, and individuals seeking a more relaxed lifestyle away from the city. The area is known for its natural beauty, providing residents with a peaceful and scenic environment to call home. In terms of the housing market, Auberry offers a variety of options ranging from cozy mountain cabins to spacious ranch-style homes. The market is relatively stable, with steady growth in property values over the years. With the assistance of FHA loans, potential homebuyers can explore these housing options with greater ease and flexibility. Main attractions in Auberry include the nearby Sierra National Forest, offering outdoor recreational activities such as hiking, fishing, and camping. The community also hosts local events that celebrate its rich history and culture, providing residents with a strong sense of community and belonging.
Benefits of FHA Down Payment Assistance Home Loan in Auberry, California
