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 Ben Lomond, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Ben Lomond, CA provides a financial boost to eligible homebuyers in Ben Lomond, 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 Ben Lomond, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Ben Lomond, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Ben Lomond, 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 Ben Lomond, 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 Ben Lomond, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Ben Lomond, 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 Ben Lomond, 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 Ben Lomond, 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.
Benefits of FHA Down Payment Assistance Home Loan: An FHA loan with down payment assistance in Ben Lomond, California can help first-time homebuyers overcome the hurdle of a large initial payment, making home ownership more accessible. Lower down payment requirements compared to conventional loans, competitive interest rates, and easier qualification criteria are among the main benefits of this program. Additionally, FHA loans provide opportunities for borrowers with less-than-perfect credit to still secure a home loan, promoting homeownership in the community. Demographics of Ben Lomond, California: Ben Lomond is a charming town located in Santa Cruz County with a population of approximately [insert population figure]. The town boasts a diverse community with a mix of young professionals, families, and retirees, creating a vibrant and inclusive atmosphere. The median household income is [insert income figure], with a median home value of [insert value figure]. Housing Market in Ben Lomond, California: The housing market in Ben Lomond is dynamic, offering a variety of housing options including single-family homes, townhouses, and apartments. The market is competitive yet favorable for buyers with the assistance of programs like FHA loans, making homeownership a realistic goal for many residents. Property values have been steadily appreciating, showcasing the appeal and investment potential of the area. Main Attractions: Ben Lomond offers a plethora of outdoor activities such as hiking in the nearby redwood forests, fishing in the San Lorenzo River, and picnicking in local parks. The close proximity to Santa Cruz beaches and the Santa Cruz Mountains makes it an ideal location for nature lovers and outdoor enthusiasts. The town also features local artisan shops, charming cafes, and a strong sense of community, creating a unique and welcoming environment for residents and visitors alike.
FHA Down Payment Assistance Home Loan in Ben Lomond, California
