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 Auburn, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Auburn, CA provides a financial boost to eligible homebuyers in Auburn, 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 Auburn, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Auburn, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Auburn, 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 Auburn, 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 Auburn, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Auburn, 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 Auburn, 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 Auburn, 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.
1. **Benefits:** FHA Down Payment Assistance Home Loans provide an opportunity for first-time homebuyers and those with limited funds to purchase a home with a lower down payment requirement. This can make homeownership more accessible and affordable for a wider range of individuals. 2. **Demographics:** Auburn, California, is a vibrant city located in Placer County with a population of approximately 14,000 residents. The city has a mix of young professionals, families, and retirees, creating a diverse and welcoming community. 3. **Housing Market:** The housing market in Auburn offers a variety of housing options, including single-family homes, townhouses, and apartments. With the assistance of FHA loans, buyers can find affordable housing options in Auburn's competitive real estate market. 4. **Main Attractions:** Auburn is known for its picturesque landscapes, outdoor recreational activities, and historic downtown area. Residents can enjoy hiking and biking trails, local wineries, and charming shops and restaurants in the heart of the city.
Benefits of FHA Down Payment Assistance Home Loan in Auburn, California
