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 Barstow, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Barstow, CA provides a financial boost to eligible homebuyers in Barstow, 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 Barstow, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Barstow, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Barstow, 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 Barstow, 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 Barstow, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Barstow, 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 Barstow, 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 Barstow, 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 Down Payment Assistance Home Loan in Barstow, California offers numerous benefits for homebuyers. These loans require a lower down payment, making homeownership more accessible. Additionally, FHA loans often have lower credit score requirements, assisting individuals with less than perfect credit to qualify for a loan. Barstow, California has a diverse demographic makeup with a population that includes a mix of families, retirees, and military personnel due to its proximity to military installations. The city experiences a mild climate with hot summers and cool winters, making it an attractive location for those who enjoy a variety of outdoor activities. The housing market in Barstow offers a range of options for potential buyers, from single-family homes to townhouses and condominiums. The area has seen steady growth in property values in recent years, making it a desirable location for real estate investments. With the FHA Down Payment Assistance Home Loan, more individuals can take advantage of these opportunities.
FHA Down Payment Assistance Home Loan in Barstow, California
