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 Biola, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Biola, CA provides a financial boost to eligible homebuyers in Biola, 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 Biola, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Biola, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Biola, 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 Biola, 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 Biola, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Biola, 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 Biola, 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 Biola, 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.
An FHA loan with down payment assistance in Biola, California can make homeownership more accessible to eligible buyers. This type of loan requires a lower down payment compared to conventional loans, allowing more people to fulfill their dream of owning a home. Demographics: Biola, California, is a small rural community located in Fresno County. The population is diverse, with a mix of families, young professionals, and retirees. The area offers a tight-knit community feel, perfect for those seeking a peaceful and close-knit neighborhood. Housing Market: Biola's housing market offers a mix of single-family homes, townhouses, and apartments. The median home price is affordable, making it an attractive location for first-time homebuyers. With the assistance of FHA loans, more individuals and families can find affordable housing options in the area. Main Attractions: Biola is close to several attractions, including Millerton Lake State Recreation Area, ideal for outdoor enthusiasts. Residents can also enjoy the nearby golf courses, parks, and local dining spots, creating a well-rounded and enjoyable lifestyle in this charming California town.
Benefit of FHA Down Payment Assistance Home Loan in Biola, California
