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 Buttonwillow, CA for FHA loans designed to help you achieve your dream of owning a home with ease.
Our Down Payment Assistance program in Buttonwillow, CA provides a financial boost to eligible homebuyers in Buttonwillow, 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 Buttonwillow, CA can benefit from our assistance.
The grant can cover 2% or 3.5% of the purchase price of your home in Buttonwillow, CA. This grant is completely forgivable, easing your financial burden.
You can combine this grant with up to 6% seller concessions in Buttonwillow, 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 Buttonwillow, 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 Buttonwillow, CA, while a score of 620 is required for Refer/Eligible status.
This program is primarily designed for first-time homebuyers in Buttonwillow, 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 Buttonwillow, 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 Buttonwillow, 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 main benefits of an FHA Down Payment Assistance Home Loan in Buttonwillow, California, is the ability it provides for eligible buyers to purchase a home with a lower down payment, often as low as 3.5% of the purchase price. This makes homeownership more accessible to individuals and families who may not have large savings for a traditional down payment. Moreover, these loans offer competitive interest rates and flexible credit requirements, making them a viable option for first-time homebuyers or those with less-than-perfect credit scores. Additionally, FHA loans include built-in mortgage insurance, which can help protect lenders in case of default, and may result in lower monthly payments for borrowers. Buttonwillow, California, is a charming small town located in Kern County with a population of approximately 1,500 residents. The area boasts a diverse community, with a mix of families, young professionals, and retirees. The town enjoys a peaceful atmosphere, perfect for those looking to escape the hustle and bustle of city life. The local housing market in Buttonwillow offers a variety of options, from cozy single-family homes to spacious ranch-style properties. The median home price in the area is affordable compared to larger cities in California, making it an attractive location for buyers seeking a more budget-friendly option. Main attractions in Buttonwillow include the Buttonwillow Raceway Park, a popular destination for motorsports enthusiasts, and the nearby Elk Hills Oil Field, which offers tours for those interested in learning about the area's oil history. Outdoor activities such as hiking, biking, and fishing are also popular among residents and visitors alike.
Benefits of FHA Down Payment Assistance Home Loan in Buttonwillow, California
