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 Big Sur, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Big Sur, CA provides a financial boost to eligible homebuyers in Big Sur, 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 Big Sur, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Big Sur, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Big Sur, 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 Big Sur, 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 Big Sur, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Big Sur, 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 Big Sur, 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 Big Sur, 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.
FHA Down Payment Assistance Home Loans in Big Sur, California offer various benefits, including lower down payment requirements compared to traditional loans, making homeownership more accessible to a wider range of individuals. Another advantage is the opportunity for first-time homebuyers to qualify for these loans, providing a pathway to home ownership for those who may not meet the requirements of conventional mortgages. Additionally, these loans often come with competitive interest rates and flexible credit score requirements, making them an attractive option for individuals looking to purchase a home in the picturesque area of Big Sur. Demographics Big Sur, California, is known for its rugged coastline, dramatic cliffs, and breathtaking views, attracting a diverse population of residents and visitors. The area is home to a mix of artists, writers, outdoor enthusiasts, and retirees. Housing Market The housing market in Big Sur offers a unique blend of luxury coastal properties and charming mountain retreats. While the market can be competitive, FHA Down Payment Assistance Home Loans can help prospective buyers navigate the challenges and secure their dream home in this desirable location. Main Attractions Some of the main attractions in Big Sur include the iconic Bixby Creek Bridge, Pfeiffer Big Sur State Park, McWay Falls, and the world-renowned restaurants and galleries along the Pacific Coast Highway.
Benefits of FHA Down Payment Assistance Home Loan in Big Sur, California
