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 Bridgeport, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Bridgeport, CA provides a financial boost to eligible homebuyers in Bridgeport, 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 Bridgeport, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Bridgeport, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Bridgeport, 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 Bridgeport, 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 Bridgeport, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Bridgeport, 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 Bridgeport, 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 Bridgeport, 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 Bridgeport, California offer numerous benefits to potential homeowners, including lower down payment requirements, competitive interest rates, and easier qualification criteria compared to conventional loans. Diving into the demographics of Bridgeport, it is a quaint town in Mono County with a population of around 575 residents. The community is known for its friendly atmosphere and strong sense of community spirit. In terms of the housing market, Bridgeport offers a range of housing options including single-family homes and charming cottages. The market is relatively stable, with a median home value of $310,000, making it an attractive location for first-time home buyers. Main attractions in Bridgeport include the historic Mono County Courthouse, the scenic Twin Lakes, and the opportunity for outdoor activities such as fishing, hiking, and camping in the beautiful Eastern Sierra region.
Benefits of FHA Down Payment Assistance Home Loan in Bridgeport, California
