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 Benton, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Benton, CA provides a financial boost to eligible homebuyers in Benton, 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 Benton, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Benton, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Benton, 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 Benton, 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 Benton, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Benton, 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 Benton, 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 Benton, 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: The FHA loan program offers low down payment options, making homeownership more accessible. This assistance can help buyers who may not have a large down payment saved up to purchase a home. Additionally, FHA loans often have lower credit score requirements compared to conventional loans. Demographics of Benton, California: Benton has a population of approximately X residents. The median age is Y, and the median household income is Z. The city boasts a diverse community, with a mix of professionals, families, and retirees. Housing Market in Benton, California: The housing market in Benton is stable, with a steady increase in property values over the past few years. The availability of FHA Down Payment Assistance Home Loans has made it easier for first-time buyers to enter the market, contributing to the overall growth and development of the community. Main Attractions in Benton, California: Benton is known for its scenic parks, charming downtown area, and vibrant local cuisine scene. Residents and visitors alike enjoy outdoor activities, cultural events, and a welcoming atmosphere that makes Benton a desirable place to call home.
FHA Down Payment Assistance Home Loan in Benton, California
