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 Benicia, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Benicia, CA provides a financial boost to eligible homebuyers in Benicia, 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 Benicia, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Benicia, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Benicia, 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 Benicia, 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 Benicia, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Benicia, 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 Benicia, 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 Benicia, 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.
With an FHA Down Payment Assistance Home Loan in Benicia, California, prospective homebuyers can benefit from lower down payment requirements, making homeownership more accessible. This type of loan also offers competitive interest rates, helping individuals and families achieve their dream of owning a home. Benicia, California, known for its diverse population and rich history, provides a vibrant community for residents. Demographics in Benicia include a mix of young professionals, families, and retirees, creating a dynamic and welcoming environment for all. The city's strong sense of community and excellent schools make it an ideal place to raise a family. The housing market in Benicia offers a range of options, from historic homes to modern developments. With the assistance of FHA loans, first-time buyers can find affordable housing options in desirable neighborhoods. The market is competitive, but with the right support, individuals can navigate the buying process successfully. Main attractions in Benicia include the Benicia Arsenal, a historic site with museums and art galleries, and the scenic Benicia State Recreation Area, perfect for outdoor enthusiasts. The city's charming downtown area features local shops and restaurants, making it a popular destination for residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Benicia, California
