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 Bonita, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bonita, CA provides a financial boost to eligible homebuyers in Bonita, 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 Bonita, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bonita, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bonita, 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 Bonita, 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 Bonita, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bonita, 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 Bonita, 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 Bonita, 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 Bonita, California provide numerous benefits for homebuyers. These loans offer lower down payment requirements, making homeownership more accessible to a wider range of buyers. Additionally, FHA loans often have lower credit score requirements, making them an excellent option for first-time buyers or those with less-than-perfect credit. The demographics of Bonita, California, show a diverse community with a mix of ages and ethnicities. The area is known for its strong sense of community and family-friendly atmosphere, making it an ideal location for families and young professionals alike. In terms of the housing market, Bonita, California, offers a range of housing options, from single-family homes to townhouses and condos. The market is competitive, with a mix of new construction and established properties, providing opportunities for homebuyers at various price points. Main attractions in Bonita include the beautiful Sweetwater Summit Regional Park, known for its hiking trails and panoramic views. The nearby Bonita Golf Course is a popular destination for golf enthusiasts, offering a challenging course surrounded by stunning scenery.
FHA Down Payment Assistance Home Loan in Bonita, California
