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 Beaumont, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Beaumont, CA provides a financial boost to eligible homebuyers in Beaumont, 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 Beaumont, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Beaumont, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Beaumont, 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 Beaumont, 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 Beaumont, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Beaumont, 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 Beaumont, 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 Beaumont, 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. Low Down Payment: With an FHA loan, you can qualify for a mortgage with a down payment as low as 3.5%, making homeownership more accessible. 2. Flexible Qualifications: FHA loans have less stringent requirements than conventional loans, making it easier for individuals with lower credit scores to qualify. 3. Down Payment Assistance Programs: Various assistance programs are available to help with down payment and closing costs, further reducing the financial burden on homebuyers. Demographics of Beaumont, California Beaumont is a diverse city located in Riverside County, California, with a population that has been steadily growing in recent years. The city boasts a mix of different ethnicities and age groups, creating a vibrant community. Housing Market in Beaumont, California The housing market in Beaumont is thriving, with a range of housing options from single-family homes to condominiums. Real estate prices have been steadily increasing, making it a favorable market for both buyers and sellers. Main Attractions in Beaumont, California From scenic parks and hiking trails to local wineries and breweries, Beaumont offers a variety of attractions for residents and visitors alike. Additionally, the city's close proximity to the mountains and desert makes it an ideal location for outdoor enthusiasts.
Benefits of FHA Down Payment Assistance Home Loan
