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 Belmont, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Belmont, CA provides a financial boost to eligible homebuyers in Belmont, 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 Belmont, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Belmont, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Belmont, 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 Belmont, 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 Belmont, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Belmont, 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 Belmont, 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 Belmont, 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.
One of the key benefits of an FHA Down Payment Assistance Home Loan in Belmont, California is the opportunity for first-time homebuyers to secure a home with a lower down payment requirement. This can make home ownership more accessible for individuals who may not have substantial savings for a traditional down payment. Demographically, Belmont, California, is a diverse and vibrant community located in the San Francisco Bay Area. With a mix of families, professionals, and retirees, Belmont offers a welcoming environment for residents of all ages and backgrounds. In terms of the housing market, Belmont has seen steady growth in property values over the past few years. The demand for housing in this desirable location has remained strong, making it a sound investment for those looking to purchase a home in a thriving market. Some main attractions in Belmont include the picturesque Waterdog Lake Park, ideal for outdoor enthusiasts, as well as the Hiller Aviation Museum, a popular destination for aviation enthusiasts and families alike. Additionally, Belmont offers a variety of dining, shopping, and entertainment options for residents and visitors to enjoy.
Benefits of FHA Down Payment Assistance Home Loan in Belmont, California
