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 Boyes Hot Springs, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Boyes Hot Springs, CA provides a financial boost to eligible homebuyers in Boyes Hot Springs, 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 Boyes Hot Springs, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Boyes Hot Springs, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Boyes Hot Springs, 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 Boyes Hot Springs, 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 Boyes Hot Springs, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Boyes Hot Springs, 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 Boyes Hot Springs, 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 Boyes Hot Springs, 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.
One of the key benefits of an FHA down payment assistance home loan in Boyes Hot Springs, California, is the lower down payment requirement. With this type of loan, borrowers can qualify for a mortgage with a down payment as low as 3.5% of the purchase price, making homeownership more accessible to a wider range of individuals and families. Additionally, FHA loans offer competitive interest rates and flexible qualification guidelines, making it easier for first-time homebuyers and those with less-than-perfect credit to secure financing for their dream home in Boyes Hot Springs. Boyes Hot Springs is a diverse community located in Sonoma County, California, with a population that includes a mix of families, retirees, and young professionals. The area boasts a mild climate, beautiful natural surroundings, and a variety of amenities, including parks, restaurants, and shops, making it an attractive place to live for people of all ages and backgrounds. In terms of the housing market, Boyes Hot Springs offers a range of housing options, from charming historic cottages to modern single-family homes. The real estate market in the area is stable, with steady appreciation rates and a strong demand for homes, making it a sound investment for potential buyers seeking to build equity over time. Main attractions in Boyes Hot Springs include the historic Mission Revival-style building of Boyes Hot Springs Hotel, the nearby Sonoma Plaza with its boutiques and wineries, and the scenic hiking trails of Sonoma Valley Regional Park, providing residents with ample opportunities for relaxation and recreation.
FHA Down Payment Assistance Home Loan Benefits in Boyes Hot Springs, California
